Datechguy
How did sequestration go from a bipartisan achievement to something to be avoided?
So my question to the media is this: Harry Reid celebrated this agreement, Tim Geithner likes it, Nancy Pelosi voted for it and The President signed it. Yet now this deal is responsible for a fiscal cliff that is apparently a disaster for all America.
And moreover, the MSM is laying the blame for said potential “disaster” squarely at the feet of the same GOP who the very same media urged to make the in 2011.
Even more amazing this very same media is telling the very same GOP to make another deal, or ELSE face the consequences.
Blowback
Note from Hot Air management: This section is for comments from Hot Air's community of registered readers. Please don't assume that Hot Air management agrees with or otherwise endorses any particular comment just because we let it stand. A reminder: Anyone who fails to comply with our terms of use may lose their posting privilege.
Trackbacks/Pings
Trackback URL
Comments
Goebbels orgasms in his grave, again.
Schadenfreude on November 28, 2012 at 2:48 PM
Its a deficit reduction plan that congress passed, and based on the public’s aversion to fixing the entitlement problem, any deficit reduction plan is going to look a lot like the fiscal cliff – higher taxes, lower domestic and defense spending. If deficit reduction is going to be called a “fiscal cliff” every time we try passing it, we’ll never get anywhere.
vegconservative on November 28, 2012 at 2:51 PM
This is what you get when the communists take over the media.
The Rogue Tomato on November 28, 2012 at 2:53 PM
I really don’t know. I’m severely liberal and I’m a-ok with going over the “fiscal cliff”.
ernesto on November 28, 2012 at 2:55 PM
You aren’t supposed to mention that.
Correct. This deal is getting worse all the time.
forest on November 28, 2012 at 3:00 PM
I’m a conservative and for once, i agree with you.
Let it burn.
BigGator5 on November 28, 2012 at 3:01 PM
Very cool that Datechguy got linked here. I know him, we live in the same town.
He had a family emergency today, so any prayers you fine folks might care to send his way would be appreciated, I am sure.
Mord on November 28, 2012 at 3:04 PM
The original deal is looking pretty good right now, only because it is already in writing
We have the signatures of all involved. On the GOP side the RINOs and the ones they suckered. Also the moderates. On the left, the upper echlon
Since Obama is going to bankrupt the nation anyway, might as well get a head start. I am all for it. I am also all for letting all the cities in California go bankrupt too
Since Michigan voters voted down the emergency manager law, which attempted to help municipalities avoid bankruptcy and possibly preserve municipal pensions, we should let Michigan municipalities go under
This is the only way to rescue future generations from being wage slaves to retired municipal workers who gave their services to prior generations.
Nationally, whatever deal we get in place of sequestration, is there any chance it will help except in the short run?
Obama needs financial crises on a routine basis for his control of power to be consolidated
No sense funding the military right now, since the bucks will be spent by Obama’s politically correct idiot generals. Save the new debt for the day when America might be rebuilt
It is time to let the lemmings jump the cliff
entagor on November 28, 2012 at 3:08 PM
Democrats will let it happen, keep the military cuts and tax hikes to the people they want to punish, and restore everything else via a separate bill. Republicans won’t dare vote against restoring middle class tax cuts.
forest on November 28, 2012 at 3:11 PM
We’re already over the cliff. There’s no way to return to fiscal sanity without a huge reduction in entitlements. We are already Greece and Spain, just waiting for the riots and forced austerity.
We have the highest national debt the world has ever seen and soon no one will lend to us.
darwin on November 28, 2012 at 3:11 PM
Sorry to hear that. I pray for him and his family. God be with them all
entagor on November 28, 2012 at 3:12 PM
M
I don’t see why not. They get blamed for everything anyway. Everyone needs to pay their fair share, not just the wealthier among us.
darwin on November 28, 2012 at 3:13 PM
Actually, the R’s don’t have to vote against “restoring middle-class tax cuts”, at least in the House.
Since they control the House, they don’t ever have to bring a Senate bill to the floor for a vote, and what they *do* bring to the floor doesn’t have to match the Senate bill.
lyons8804 on November 28, 2012 at 3:26 PM
The moment one person was made mildly uncomfortable by its implementation?
astonerii on November 28, 2012 at 3:39 PM
I say double my taxes, and increase every other person’s below me taxes by the same dollar amount! I’m in the 4th quintile. Near the top of it.
You demand the service, pay for it!
astonerii on November 28, 2012 at 3:41 PM
People like Ron Paul have been saying this for decades. However, no one can ever point to a “point of no return” where our borrowing costs would actually rise. At what point would investors actually prefer keeping their money in a another country, and what country(s) might that be?
ernesto on November 28, 2012 at 3:43 PM
Last year when the federal government, with the help of the corporate media, raised our credit limit with Bank of China over $16 trillion dollars they tried to excuse their profligacy by tricking Americans into thinking they were going to “cut spending” to reduce the deficit so that they wouldn’t have to raise the credit limit again. In reality they didn’t cut spending even a bit, all they did was reduce the rate that spending increases each year.
Now the same ruling class that perpetrated that pathetic con job, that didn’t even cut real spending, are trying to claim that the “spending cuts”, (which again, only means spending doesn’t increase quite as much as otherwise), is a fiscal cliff.
The truth is that the ruling class was dragged into their con-job “spending cuts” by the tea party and now are trying to undo it and trick the tea party into begging them to undo it.
FloatingRock on November 28, 2012 at 3:58 PM
The so-called “fiscal cliff” is the only thing the Tea Party accomplished since their victory in ’10. The budget is theoretically/supposedly slightly less un-balance this year than it would have been otherwise thanks to the raw deal the tea party got as part of the debt ceiling fight last year.
And tea party didn’t even like that deal, it was a con job, but which nevertheless was billed as a victory for the Tea Party by them at the time according to the ruling class, and now the ruling class calls the so-called victory they foisted on the Tea Party a “fiscal cliff”.
FloatingRock on November 28, 2012 at 4:06 PM
The ruling class rules with fear.
Don’t fall for their chicken little BS.
FloatingRock on November 28, 2012 at 4:08 PM
Now if he would just sign a budget. I guess he did sign Bush’s last budget, they passed it so late. But I bet he goes his entire 8 years in office without signing another. Any takers?
Fenris on November 28, 2012 at 4:19 PM
So I was basically agreeing with you and the article above.
FloatingRock on November 28, 2012 at 4:30 PM
I don’t know. Perhaps when they see socialist policies are slowly killing the economic machine that was America and our ability to pay back is gone. We don’t have much left … commercial aircraft, technology … we really are getting to the point of having nothing to offer as we’re slowly being strangled by socialism.
darwin on November 28, 2012 at 4:37 PM
I think there were lots of things in the sequestration deal meant to be time bombs for an incoming R Administration. If we cliff-dive, they will go off in 0bama’s Administration.
Burn Baby Burn
Sekhmet on November 28, 2012 at 4:41 PM
But every other growing economy is at least as socialist as ours. For our borrowing costs to go up significantly, that would mean global markets had deemed some other economy more secure over the long term. What economy would that be, if every country on earth is making the same “mistakes” with regards to structuring their economy?
ernesto on November 28, 2012 at 4:41 PM
What country has a robust growing economy? What socialist country isn’t struggling with debt and massive increases in the welfare state?
darwin on November 28, 2012 at 4:47 PM
Regarding the corporate media’s frequent use of the weighted term “fiscal cliff”, here is a good quote from a comment over at ZeroHedge about a similar topic that seems appropriate here as well.
FloatingRock on November 28, 2012 at 5:23 PM