There is no chance of a "balanced approach" on debt when you have no leverage. If these Republicans, unprepared for political warfare at this level, lose a game of fiscal cliff chicken, they will take the blame for across-the-board tax hikes. Obama won't be held culpable for holding the economy hostage over some piddling revenue from the rich. He won't be blamed for the ensuing recession. The media will be too busy investigating obstructionism and applauding the president's gleaming new tax plan.from Ann Coulter:
Unless Republicans and Democrats reach an agreement, the Bush tax cuts expire at the end of the year. By pushing to extend the tax cuts for everyone except "the rich," Democrats get to look like champions of middle class tax cuts and Republicans can be portrayed as caring only about the rich.That was also my point here.
And when the economy tanks, the Non-Fox Media will blame Republicans.
The economy will tank because, as you will recall, Obama is still president. Government rules, regulations, restrictions, forms and inspections are about to drown the productive sector. Obamacare is descending on job creators like a fly swatter on a gnat. Obama has already managed to produce the only "recovery" that is worse than the preceding recession since the Great Depression. And he says, "You ain't seen nothing yet."
The coming economic collapse is written in the stars, but if Republicans "obstruct" the Democrats by blocking tax hikes on top income earners, they're going to take 100 percent of the blame for the Obama economy.
You think not? The Non-Fox Media managed to persuade a majority of voters that the last four years of jobless misery was George W. Bush's fault, having nothing whatsoever to do with Obama.
The republicans lost the election so lets give the democrats what they want, let them "own" the economy.
Besides, the democrats have "balked on spending cuts. Balked on entitlement reform. What's left? A value added tax? A carbon tax? What's left after the rich pay their 'fair share'?"
I expect the republicans to fight this and get blamed for our economy just like the author at Reason and Ann Coulter predict.
Don't expect anything good to come from this economy.