Thursday, November 22, 2012

10 People Who Led Us To The Fiscal Cliff

http://www.huffingtonpost.com/2012/11/21/10-people-who-led-us-to-fiscal-cliff_n_2171984.html#slide=1790086

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Ms Liann
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If there is no "Fiscal Cliff" then there is nobody to blame for it.

The republicans cut taxes under a law dictating the tax cuts would last no more than ten years. They planned them to sunset on the day that they passed the law. Republicans controlled all three branches of govt when they passed this law. Letting a law expire is NOT A CLIFF.

The republicans unfunded massive spending sprees. They created two wars (instead of sending in Seal Team Six to dispatch Osama Bin Ladin) and a massive VOTE-BUYING SCHEME, Medicare Part-D for old people who side with republicans. The unpaid bills for these spending sprees added up until the national debt doubled with another equal amount of increased debt stuffed in the pipeline to arrive after whomever won the election in 2008.

This is NOT A CLIFF. The EXPIRING TAX CUTS would pay down these deficits if the CLINTON PROSPERITY TAX RATES were allowed to return exactly as scheduled.

The republicans then tried to skip out on paying the debts that they incurred with an extortion scheme over the "debt ceiling" which is called THE SEQUESTER. These are the automatic cuts that go into effect like clockwork on date certain that the republicans insisted and demanded and passed into law. This is not a CLIFF. It's a CALENDAR!

The Republican party is responsible for this "MESS" from start to finish, and deceivers are trying to muddy the waters with useless extraneous details.