Yes, Thelma and Louise it.....all the way. No holding back. Put the car in drive and off the cliff we go.
We'll all be better off.
Why? Because the longer the likes of Andrea Mitchell, George Stephanopolous, Fluffy Gregory, David Gergen and the GOP employees at Fox go on and on about the oh-christ-fiscal-cliff.....the longer the conservative Obama and his center-right Democratic caucus has to find a way to accept an entirely Republican "solution." Poking all Democratic voters directly in the eye in the process.
According to Ezra Klein....and he better be wrong about this....Obama is moving towards a "deal" which raises income tax rates on the wildly wealthy from 35% to 37% instead of to the Clinton-era rate of 39.6%. Because increasing the income tax rate on billionaires by 2% alone won't raise nearly enough revenue to shout about, caps on deductions may also be in the mix. In return for that timid and limp offer....Republicans get to raise Medicare eligibility age from 65 to 67.
Talk to smart folks in Washington, and here’s what they think will happen: The final tax deal will raise rates a bit, giving Democrats a win, but not all the way back to 39.6 percent, giving Republicans a win. That won’t raise enough revenue on its own, so it will be combined with some policy to cap tax deductions, perhaps at $25,000 or $50,000, with a substantial phase-in and an exemption for charitable contributions.
Other Democratic-talking, center-rightists, like the New Yorker's Jonathan Chait say that that would be a pretty good plan having "weirdly disproportionate symbolic power." How is that? Well, the galactically wealthy won't have their fee-fees bruised as much with only a 2% bump on their yearly hundreds of millions....and....Jeebus....65 and 66 year olds will have Obamacare exchanges to ....I have no effing idea.
In my blog post "Playing All of Us For Suckers", I suggested that both Democrats and Republicans are actually working together in an 11 dimensional Kabuki presentation of total deception in order to cut Medicare and Social Security benefits and/or raise retirement ages....or both. They're in it together.....and neither side gives one good goddamn about the deficits or debt either.
Neo-liberals, like Obama, and voodoo supply siders in the GOP, actually agree. The very, very wealthy must continue to get wealthier while the masses of Americans must be willing to sacrifice some of the little that they have. You see, that's the "balanced approach."
I suppose Obama and Democrats don't much care about 2014 or 2016. They couldn't if they expect progressive, liberal and independent voters to continue to support their candidates after selling out the geezers for a few shekels of silver.
...if (that deal) does happen, the disillusionment on the Democratic side would be huge. All that effort to reelect Obama, and the first thing he does is give away two years of Medicare? How’s that going to play in future attempts to get out the vote?
If anyone in the White House is seriously thinking along these lines, please stop it right now.
Bipartisan symbolism has become the new goal for the Obama-gang. The foolish Barack Obama still thinks he can "unite" the two polar caps of our political dysfunctionality. He can't.....and Americans are sick to gosh-darned death of symbolic gestures of hollowness and faux-unity-feel-good....while their standards of living are stripped away layer by layer by both corrupt sides.
Drive off the cliff.....do it. Don't even think about it. Just do it. Don't vote on anything. In fact, shut Congress down until January. Tax rates will go up for everyone on January 1st, long term debt brought back under control with $4 trillion in new revenue over ten years....and the pearl-clutching disinformers in the media and the double-dealing, forked-tongue D.C. trolls can go pound salt.
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