Thread: Economics The Fiscal Cliff Approacheth
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Old 12-21-2012, 03:32 PM   #640
Direckshun Direckshun is offline
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David Frum:

Quote:
Here's what happens now.

1) President Obama goes on holiday.

2) December 31 arrives.

3) Taxes go up on everybody. Unemployment insurance ends. Sequester begins to go into effect.

4) Screams, howls.

5) President Obama returns to Washington, speaks to country from Oval Office or else summons special session, unveils the "Obama Tax Cut and Job Creation plan" featuring a whacking big tax cut for 98% of Americans.

6) Plan polls at 70% or better.

7) Republicans resist.

8) Republicans surrender.

9) Economy recovers, "morning in America," Obama basks in glory in 2nd term.

That's what those Republicans voted for when they rejected Plan B.
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