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  1. Perhaps it’s telling that, even with all this political wind at their backs, Democrats can’t raise the top rate past 39.6%. In the 1930s, a time of comparable economic malaise, they raised it to 91%.

    Then again, we haven’t seen the worst of our economic crisis yet. It will be a ‘treat’ to see what lefties start saying, when that hits.

    Comment by ILoveCapitalism — January 2, 2013 @ 3:35 pm - January 2, 2013

  2. The politics may have changed, but the iron laws of economics have not.

    An ever embiggening Government cannot be sustained by a private sector that is stagnant at best and probably contracting.

    One way or another, there will be a reckoning.

    Comment by V the K — January 2, 2013 @ 4:10 pm - January 2, 2013

  3. The Depression Era’s 1935 Revenue Act’s highest tax bracket was 79% on incomes over $5-million…and only one Federal taxpayer qualified for that tax rate; John D. Rockefeller. It was primarily a political document, not a serious fiscal policy…

    The “Obama tax rates” target hundreds of thousands of Federal taxpayers as “top payers”…

    Comment by Ted B. (Charging Rhino) — January 2, 2013 @ 7:30 pm - January 2, 2013

  4. All these taxes do is bring them up to more historically normal levels. It’s not the end of the world here. But what totally stinks is the house blew a chance to have real deficit reduction. We had a chance to knock off about 1.5 trillion from the the deficit but the republicans refused to budge because of the final 200 billion.

    Very very disappointed.

    Comment by mike — January 2, 2013 @ 7:56 pm - January 2, 2013

  5. mike, your comments are pathetic.

    Comment by ILoveCapitalism — January 2, 2013 @ 8:25 pm - January 2, 2013

  6. Ted, you’re right, it was “only” raised to 79% in the 30s. It was under Roosevelt that they took it into the 80s and then the 90s (topping at 94%), but that was in WW2.

    Comment by ILoveCapitalism — January 2, 2013 @ 8:29 pm - January 2, 2013

  7. All these taxes do is bring them up to more historically normal levels. It’s not the end of the world here. But what totally stinks is the house blew a chance to have real deficit reduction. We had a chance to knock off about 1.5 trillion from the the deficit but the republicans refused to budge because of the final 200 billion.

    Very very disappointed.

    Comment by mike — January 2, 2013 @ 7:56 pm – January 2, 2013

    BWAHAHAHAHAHA!

    I love watching the cultist mike spin for his Obama’s screaming temper tantrums and refusal to ever cut any government spending.

    But we should expect that. Obama supporters like mike are moochers and looters who don’t understand basic math and just repeat Obama’s lies.

    There isn’t anything that Obama can do that the imbecile mike won’t spin. He’s nothing more than an irrational fool and bigot who worships Obama as his Messiah.

    Comment by North Dallas Thirty — January 2, 2013 @ 9:37 pm - January 2, 2013

  8. I still want to know:

    If taxing the rich is the answer, wouldn’t it make sense to inspire and help more people to become rich?

    Comment by TGC — January 2, 2013 @ 9:48 pm - January 2, 2013

  9. TGC, great!

    Comment by ILoveCapitalism — January 2, 2013 @ 10:06 pm - January 2, 2013

  10. Yes, because when times are tough, there is a scapegoat. Now it is wealthy people. And credit Obama for using class warfare and socialist propoganda to further his goals of making this country like Cuba (with elections though).

    Comment by davinci — January 2, 2013 @ 10:17 pm - January 2, 2013

  11. Forbes calculated that the 400 wealthiest individuals in the United States in 2012 had a combined worth of $1.7 trillion. If the government confiscated this wealth, it would be able to fund less than six months of its spending.

    The total income of all households earning $250,000 up to the household earning the most is $1.412 trillion. If Obama were to take the entire income from them, it would last a little under five months of government spending.

    Of the 115,000,000 U.S. households, 1.93% of them have an income of $250,000 and above.

    If we are going to tax our way out of this mess, the only place to go for real money is by substantially jumping up the rates on people who make $60,000 and more.

    The total adjusted income of all taxpayers reporting income of $66,193 and above in a recent year was $5.1 trillion. The $3.6 trillion budget would be covered with $1.5 trillion left over if all the adjusted gross income of everyone taking in $66,193 and above was confiscated by the government.

    So, by drastically raising the tax rates on those households earning $60,000 and more a year, we can begin to see the possibility of balancing the budget. But the cost to the economy would be enormous and a huge hit to the GDP.

    As a radical “solution” we could confiscate the total incomes of $60,000 households and over and leave those people with yard sales to support themselves and we could pay for about 18 months of government.

    Any guesses where the economy would be under that plan?

    Is there a Progressive in the house who has a plan for confronting our dire financial condition?

    Comment by heliotrope — January 2, 2013 @ 10:55 pm - January 2, 2013

  12. If politics of taxes have changed in the Democrats favor, as they seem to argue

    Yes, because that (i.e. politics) is what should influence policy. This is like taking a bunch of people who know nothing about heart surgery, and telling the surgeon to perform the heart surgery according to how the people think it should be done rather than according to the surgeon’s training.

    Comment by Rattlesnake — January 2, 2013 @ 11:21 pm - January 2, 2013

  13. Actually, it would probably be more apt to say that, instead of an actual heart surgeon, a smooth-talking quack was “elected” to perform the heart surgery, and therefore he or she is more qualified to perform the surgery than an actual heart surgeon.

    Comment by Rattlesnake — January 2, 2013 @ 11:23 pm - January 2, 2013

  14. This bill isn’t necessarily the be all / end all on the tax issue. The situation we were in was pretty bad in that a policy HAD to be set in place in a hurry because employers had to know what to withhold and some people pay quarterly taxes estimated taxes so the forms had to be printed and that can’t be done until the policy is set. What was settled was only one issue of the fiscal cliff. We still have the debt ceiling issue which was kicked out only two months and we have the current budget continuing resolution that expires in March so there is still a lot of work to be done in the first quarter of the year on financial issues. The tax portion was settled for now but the spending side still has some work ahead of it.

    The Democrats burned a lot of political capital just getting this far and the whole issue is going to come back around again in a couple of months. It is even possible that an entirely new tax bill will be on the table later this year for next year.

    We still have the debt ceiling and the government funding issues just over the horizon. By uncoupling these and not passing a massive unified fiscal cliff bill that addressed all three issues at once, Boehner gave a little ground on one flank with the tax on high earners but bought time on other lines of battle. He managed to get out of this giving the Democrats much less than Obama campaigned on as far as taxes go and still keep the budget and debt fights in front of him without capitulating on those fronts. All in all, he hasn’t done a bad job considering what he was working with.

    A new President generally gets his way on a few things early but that honeymoon wears off and it wears off sooner in a second term than it did in the first. Depending on how the economic numbers look after January and February, we could see the Democrats with a lot less political capital in March than they have now.

    Comment by crosspatch — January 3, 2013 @ 2:14 am - January 3, 2013

  15. “mike, your comments are pathetic.”

    ILC – Why? I very disappointed in this “deal” as its the worst possible outcome.
    Only tax increases w/o real spending cuts is absolutely the worst thing to happen here. We need both. The original deal bringing 1.4 trillion of spending cuts with tax increases was the way to go. This deal is basically taxes only and it stinks.

    Comment by mike — January 3, 2013 @ 3:07 am - January 3, 2013

  16. Only tax increases w/o real spending cuts is absolutely the worst thing to happen here. We need both.

    We might get both. Current budget continuing resolution ends in March, after that government has no funding. Debt ceiling comes up again, too. So … it isn’t done yet.

    Comment by crosspatch — January 3, 2013 @ 3:28 am - January 3, 2013

  17. mike you are truly a pathetic individual.

    Your whining about democrats unwilling to cut spending is the same as someone whining that a pedophile is not doing something positive for children, or a rapist that’s not advocating respect for women.

    If you are wondering why we all find you pathetic here’s an appropriate sentence:

    For those who understand, no explanation is needed.
    For those who do not understand, no explanation is possible.

    Comment by susan — January 3, 2013 @ 5:33 am - January 3, 2013

  18. And what has lower-case-concern-troll mike or anyone on his side of the divide done to pressure Democrats to cut spending?

    Nothing. Zip. Zero. Nada. Niente.

    Instead, Mr. “I’m a fiscal conservative but I voted for the candidate who promised free contraceptives and subsidies for Big Bird” whines that it is somehow Republicans fault that his Democrat President and his Democrat Senate forced Republicans into a take-it-or-leave-it deal with no spending cuts.

    Until the lower case concern troll turns his attention to his own side and puts pressure on them to cut spending, we may continue to regard him as a disingenuous phony.

    Comment by V the K — January 3, 2013 @ 5:44 am - January 3, 2013

  19. Also, Democrats packed corporate welfare into fiscal cliff deal. Levi, you should start checking with left-wing sites to see how the cult is supposed to spin this.

    Comment by V the K — January 3, 2013 @ 8:06 am - January 3, 2013

  20. Let’s try another tact… The perception is that Republican tax policies favor the rich. Also, for eight years preceeding this Administration, Republicans overspent.

    Republicans have no credibility with the American people. Until they can restore that credibility they will lose every debate on taxation and spending.

    Comment by David — January 3, 2013 @ 8:33 am - January 3, 2013

  21. Only tax increases w/o real spending cuts is absolutely the worst thing to happen here. We need both.

    Based on what theory, exactly, do we need both? Why must the Feds have more tax revenue? I keep asking this question, and no one who claims to believe the need is willing to explain it.

    On the other hand, the foolishness to which the RINOs in the Senate and House acceded is scored by the Congressional Budget Office as adding $4 trillion to the national debt by 2022.

    Eric Hines

    Comment by E Hines — January 3, 2013 @ 9:29 am - January 3, 2013

  22. Another cargo cultist…

    If the Bush tax favored the rich so much why you leftists were all shitting your collective pants over the expiry date?

    Also, another interesting question for the cargo cultists: in the words of your messianic leader, you didn’t build that… so how come that 47% of the population (almost all democrat voters) access roads, schools, government services without paying a dime in taxes? Isn’t it just FAIR that they all pay something?

    How do you spin that, cargo cultist?

    Comment by susan — January 3, 2013 @ 9:32 am - January 3, 2013

  23. Liars can figure, but figures don’t lie.

    The present “value” of future expenditures in excess of future revenue is as follows:

    Social Security = (-) $7.677 trillion
    Medicare Part A = (-) $13.770 trillion
    Medicare Part B = (-) $17.165 trillion
    Medicare Part D = (-) $7.172 trillion
    Railroad Retirement (-) $100 billion
    Black Lung Part C (+) $6 billion

    Total unfunded liabilities = $45.878 trillion

    To which you must add the $16.443 trillion outstanding public debt for a grand total of $62.321 trillion hanging over our heads.

    This is not about raising taxes or turning poop into platinum of squeezing the tooth fairy into dust.

    Conceivably, we could nationalize the fossil fuel industry and frack our way out of this by flooding the global economy with energy. Except, that we might push the cost of fuel down below the zero sum gain.

    Nope, this is not a job for professional politicians who worked us into this mess. Only Progressives believe that bigger, broader, deeper government is a good thing and the true path to Utopia.

    Here is Oliver Wendell Holmes on the topic in his classic saga of the deacon’s one-hoss shay. (excerpted to make the point)

    (….)

    Now in building of shaises, I tell you what,
    There is always a weakest spot, –
    In hub, tire, felloe, in spring or thill,
    In pannel or crossbar, or floor, or sill,
    In screw, bolt, throughbrace, — lurking still,
    Find it somewhere you must and will, –
    Above or below, or within or without, –
    And that’s the reason, beyond a doubt,
    That a chaise breaks down, but doesn’t wear out.

    (….)

    For the wheels were just as strong as the thills
    And the floor was just as strong as the sills,
    And the panels just as strong as the floor,
    And the whippletree neither less or more,
    And the back-crossbar as strong as the fore,
    And the spring and axle and hub encore.
    And yet, as a whole, it is past a doubt
    In another hour it will be worn out!

    First of November, fifty-five!
    This morning the parson takes a drive.
    Now, small boys get out of the way!
    Here comes the wonderful one-hoss shay,
    Drawn by a rat-tailed, ewe-necked bay.
    “Huddup!” said the parson. — Off went they.

    The parson was working his Sunday’s text, –
    Had got to fifthly, and stopped perplexed
    At what the — Moses — was coming next.
    All at once the horse stood still,
    Close by the meet’n’-house on the hill.
    First a shiver, and then a thrill,
    Then something decidedly like a spill, –
    And the parson was sitting upon a rock,
    At half past nine by the meet’n’-house clock, –
    Just the hour of the earthquake shock!

    What do you think the parson found,
    When he got up and stared around?
    The poor old chaise in a heap or mound,
    As if it had been to the mill and ground!
    You see, of course, if you’re not a dunce,
    How it went to pieces all at once, –
    All at once, and nothing first, –
    Just as bubbles do when they burst.

    End of the wonderful one-hoss shay.
    Logic is logic. That’s all I say.

    Obama, his machine, the entire Congress, the MSM, and the Progressive academics and Progressive useful idiots will just be dumbstruck when they move yet another Jenga block to the top of their Progressive Tower of Pride and Prejudice and the whole thing collapses into 98 tiles spread in pathetic disarray across the floor.

    Comment by heliotrope — January 3, 2013 @ 10:04 am - January 3, 2013

  24. ILC – Why?

    Because of your COMPLETE INABILITY to acknowledge the elephantine role of Democrats in creating the spending problem and in preventing any real cuts to fix it.

    V nails it:

    And what has lower-case-concern-troll mike or anyone on his side of the divide done to pressure Democrats to cut spending?

    Nothing. Zip. Zero. Nada. Niente.

    Comment by ILoveCapitalism — January 3, 2013 @ 12:15 pm - January 3, 2013

  25. P.S. It is characteristic of lefties, that they accuse others of doing what lefties do (or want to), or of being what the leftie is in fact.

    Just one example to illustrate the general point: The cry of ‘racism’. I was a leftie for close to 20 years. I hung with California lefties, a lot. I heard all the racist things they said when they thought it was ‘just us chickens’ (and still say, if they mistakenly think I’m one of them). I saw the racist things they did, like enrolling their kids in all-white schools in the next town over, to avoid the Latino kids with whom the lefties supposedly stood shoulder-to-shoulder. I see how their party continues to stand in favor of racial preferences. Lefties *are* racists. Margaret Sanger, the founder of Planned Parenthood, was an ugly eugenicist, but was praised by the Washington Post’s ‘fact checker’ in a public column as a “racial pioneer”. Lefties are racists; but they don’t want to see it – they want to deflect the charge – so they accuse conservatives of it, which accomplishes their psychological purpose.

    Now to apply the point, locally. mike has claimed that I’m an ideologue or utopianist or something, because I won’t see the world his way. But mike never deals with valid information or points that I present and, now in this instance, we see that mike reflexively blames Republicans for a spending problem that Democrats refuse to consider solving.

    So mike, all I can say to you now is… Project much?

    Comment by ILoveCapitalism — January 3, 2013 @ 12:35 pm - January 3, 2013

  26. “Cargo cultist” … I love that. That will be this year’s theme at Burning Man, by the way.

    Comment by crosspatch — January 3, 2013 @ 1:01 pm - January 3, 2013

  27. My guess is that lower case concern troll mike thinks that paying lip-service to spending cuts is his ‘beard,’ that lets him pass as a fiscal conservative and not a partisan shill like Levi or Cinesnatch.

    But his disguise doesn’t fool any of us, precisely because he is a partisan shill, he voted for the most fiscally irresponsible president in history, and he neither criticizes his fellow Democrats for spending nor pressures them to put any spending cuts on the table.

    Comment by V the K — January 3, 2013 @ 1:05 pm - January 3, 2013

  28. Lefties *are* racists.

    They are the most racist people I have ever seen in my LIFE. Want to see the collective heads of the left explode? Make it illegal to collect statistics on race for anything.

    Comment by crosspatch — January 3, 2013 @ 1:26 pm - January 3, 2013

  29. The number of people living in poverty reached its minimum in 1973. That was mostly due to old people who didn’t qualify for social security dying off. While the number of people in poverty over the age of 65 has greatly declined, the overall percentage of impoverished people in the US has increased since 1973 and the greatest increase is in able bodied younger people. Programs designed to “fight poverty” have actually made the problem worse. Other than social security, there has not been a single successful program of which I am aware that has provided a meaningful path OUT of poverty. They simply fly over and drop a check in the mailbox every month. “cargo cultist” … love it.

    Comment by crosspatch — January 3, 2013 @ 1:36 pm - January 3, 2013

  30. Boehner re-elected Speaker.

    Comment by crosspatch — January 3, 2013 @ 1:38 pm - January 3, 2013

  31. Let’s try another tact… The perception is that Republican tax policies favor the rich.

    Which is why keeping the Republican tax rates was so important to protect the middle class.

    Now, please state for the record: The Republican tax cuts benefitted the middle class, and having them in place is important to protect the middle class.

    Also, for eight years preceeding this Administration, Republicans overspent.

    Compared to what?

    The Debt rose $4.899 trillion during the two terms of the Bush presidency. It has now gone up $4.939 trillion since President Obama took office.

    The latest posting from the Bureau of Public Debt at the Treasury Department shows the National Debt now stands at $15.566 trillion. It was $10.626 trillion on President Bush’s last day in office, which coincided with President Obama’s first day.

    The National Debt also now exceeds 100% of the nation’s Gross Domestic Product, the total value of goods and services.

    Now, how is it “overspending” when Republicans spend LESS than Obama, whose spending is supposedly restrained?

    Republicans have no credibility with the American people. Until they can restore that credibility they will lose every debate on taxation and spending.

    Comment by David — January 3, 2013 @ 8:33 am – January 3, 2013

    And given the facts, that means one of two things:

    1) The American public is patently stupid

    2) Obama lies constantly and is aided and abetted by the media in doing so

    Republicans need to stop trying to satisfy pathological liars and call them what they are. Point out that Obama is a liar, that he lies constantly, that the media lies for him, and that the media openly admits that they will lie, cheat, steal, and do whatever they need to to keep the pathetic Obama in power.

    And then call people like Levi and mike what they are: malicious racists who want to loot and mooch from other people and who thus support Obama’s lies.

    Comment by North Dallas Thirty — January 3, 2013 @ 1:46 pm - January 3, 2013

  32. Boehner re-elected Speaker.

    Hey, why mess with success?

    Comment by V the K — January 3, 2013 @ 1:49 pm - January 3, 2013

  33. This Just In;

    … As a demonstration of the importance of solving our national fiscal crisis, Pres. Obama placed romping on the beaches of Hawaii with his daughters above the financial-health of the Republic….and used the Auto-Pen to sign the “Obama Taxes” Bill.

    Comment by Ted B. (Charging Rhino) — January 3, 2013 @ 3:23 pm - January 3, 2013

  34. http://thehill.com/homenews/administration/275337-obama-signs-fiscal-cliff-tax-bill-with-autopen

    Comment by Ted B. (Charging Rhino) — January 3, 2013 @ 3:28 pm - January 3, 2013

  35. It helps the Democrats in so much as the Republicans (at least as articulated by Mitt Romney) are against the 47% paying no taxes, so this tax deal makes the tax system even more progressive, thus making the “job-creator” class pay more of the taxes and the 47% pay less.

    Comment by Mitch — January 3, 2013 @ 4:11 pm - January 3, 2013

  36. Only tax increases w/o real spending cuts is absolutely the worst thing to happen here. We need both.

    The United States already has very high tax rates (and one of the highest corporate tax rates in the world). It doesn’t need to have such high tax rates. The only problem is out of control spending (and tax cuts are not equivalent to spending). Returning spending to levels that can paid for by more reasonable (i.e. lower) tax rates without resulting in a deficit is the only reasonable option (and that necessarily entails entitlement reform).

    Also, for eight years preceeding this Administration, Republicans overspent.

    Compared to what?

    Obviously, Obama and the Democrats deserve more blame for spending than Bush, but that doesn’t change the fact that the Republicans under Bush spent far too much.

    Comment by Rattlesnake — January 3, 2013 @ 5:06 pm - January 3, 2013

  37. Schadenfreude, Sweet Schadenfreude. Obama voter shocked that her taxes went up!

    http://demu.gr/10022125273

    Comment by V the K — January 3, 2013 @ 5:59 pm - January 3, 2013

  38. The politics of raising someone else’s taxes have changed in the Democrats’ favor.

    #37: V – that’s sweet. FICA may well be the only significant tax this person pays… illustrates why I’m happy with the expiration of the FICA tax holiday (is FICA still the correct term?).

    Comment by SoCalRobert — January 3, 2013 @ 6:55 pm - January 3, 2013

  39. Just a question
    When has a republican president actually cut spending?

    Comment by mike — January 3, 2013 @ 8:56 pm - January 3, 2013

  40. And of course Chen’s famous quote:

    “Ronald Reagan proved budget deficits don’t matter.”

    Comment by mike — January 3, 2013 @ 9:03 pm - January 3, 2013

  41. So, the lower case concern troll resorts to a pathetic tu quoque rather than engage the relevant question: Why aren’t he and the rest of his ilk demanding that Obama cut spending?

    Truly pathetic.

    Comment by V the K — January 3, 2013 @ 9:09 pm - January 3, 2013

  42. mike – depends on what this meaning of “cut” is. If cut means a number that is actually smaller than another, there’s no such thing in DC.

    Comment by SoCalRobert — January 3, 2013 @ 10:16 pm - January 3, 2013

  43. Actually, V the K, it’s simpler than that.

    Republicans:

    On Tuesday, White House officials are expected to announce that the tax receipts will be about $250 billion above last year’s levels and that the deficit will be about $100 billion less than what they projected six months ago. The rising tide in tax payments has been building for months, but the increased scale is surprising even seasoned budget analysts and making it easier for both the administration and Congress to finesse the big run-up in spending over the past year.

    Tax revenues are climbing twice as fast as the administration predicted in February, so fast that the budget deficit could actually decline this year.

    The main reason is a big spike in corporate tax receipts, which have nearly tripled since 2003, as well as what appears to be a big increase in individual taxes on stock market profits and executive bonuses.

    On Friday, the Congressional Budget Office reported that corporate tax receipts for the nine months ending in June hit $250 billion — nearly 26 percent higher than the same time last year — and that overall revenues were $206 billion higher than at this point in 2005.

    Congressional analysts say the surprise windfall could shrink the deficit this year to $300 billion, from $318 billion in 2005 and an all-time high of $412 billion in 2004.

    Obama.

    The federal deficit fell to $1.1 trillion in the 2012 fiscal year, down from about $1.3 trillion a year earlier, the Obama administration said on Friday.

    That is the smallest deficit since 2008 but represents the fourth year in a row that the deficit has exceeded $1 trillion.

    So what we see here is concern-troll mike shrieking and screaming about “Republican deficits” that were a quarter of the size of the ones he’s applauding under Obama.

    And if that isn’t enough to convince you that mike is a blind and ignorant Obama partisan who supports everything that Barack Obama does, here’s an even better example:

    The Debt rose $4.899 trillion during the two terms of the Bush presidency. It has now gone up $4.939 trillion since President Obama took office.

    The latest posting from the Bureau of Public Debt at the Treasury Department shows the National Debt now stands at $15.566 trillion. It was $10.626 trillion on President Bush’s last day in office, which coincided with President Obama’s first day.

    The National Debt also now exceeds 100% of the nation’s Gross Domestic Product, the total value of goods and services.

    Again. Concern-troll mike WILL NOT CRITICIZE Barack Obama and Barack Obama’s spending, no matter what Barack Obama does.

    Concern-troll mike is a bigot. He does not care about spending; he only cares about bashing Republicans and making excuses for his messiah Obama. None of his posts are objective; they are nothing but spins and lies to rationalize his looting and mooching Obama.

    Comment by North Dallas Thirty — January 3, 2013 @ 11:48 pm - January 3, 2013

  44. V -
    “Why aren’t he and the rest of his ilk demanding that Obama cut spending?
    I believed I called this “the worst possible outcome”
    The difference is I blame the House because Obama WAS ready to cut spending – as he has already done – but the house said F – it lets do the Plan B, then the repubs couldn’t even pass their own Plan B and abdicated responsibility to the Senate.
    Basically the house admitted that they can’t satisfy their utopianistic base and flew the white flag to the Senate.
    What did the Senate do? They threw together a haphazard bi-partisan bill that only focused on the easy stuff – taxing the rich and a measly 20 Billion of spending cuts.
    Now we only have .6 tril deficit reduction when we could have had 1.4 tril
    It sucks and because the house jerked around with the plan B fiasco, this is where we are now.

    Comment by mike — January 4, 2013 @ 2:42 am - January 4, 2013

  45. I just finished Maddow’s tome “Drift” about the evolution from Constitutionally declared war to our current perpetual state of war and how it is maintained. One of her main points is that because less than 1% of Americans actually have family members in the military or have actual military experience and so much of war is now “privatized,” Americans can be content with something that largely doesn’t affect them.

    When 50% of Americans pay no federal taxes or receive checks, can we really wonder why they vote for Dems? Perhaps if more people were feeling those effects of debt and higher taxes instead of concentrating such an enormous burden on so few, as in the military with our wars, you might see a different outcome. Is the future of American politics shifting huge problems onto the few to count on the votes of the many? It already looks to be so…

    Comment by Tim in MT — January 4, 2013 @ 4:00 am - January 4, 2013

  46. @Tim
    Read here for the outrage of people who think it’s not ‘fair’ that the Payroll holiday expired. They’re shrieking it’s ‘unfair’ that they have to pay for stuff.

    Also don’t forget the Medicla Excise tax. Doctor wants to draw blood? Tax! Doctor wants to use rubber gloves? Tax! Doctor needs to use a scapel? Tax!

    Comment by The_Livewire — January 4, 2013 @ 7:49 am - January 4, 2013

  47. lower case concern troll lies again. Obama, Reid, and Pelosi all said that entitlement reform was off the table in the context of the Fiscal Cliff talks. And Obama proposed no cuts. (Chirping about a “balanced approached” while proposing nothing but tax increases is nothing but hollow rhetoric.)

    And poor little mikey, partisan hack that he is, can do nothing but blame Republicans. Would he go to a thread on HuffPo or DailyKos and attack Democrats for not proposing any spending cuts? Of course not. Because he’s a partisan hack and a phony.

    Comment by V the K — January 4, 2013 @ 9:50 am - January 4, 2013

  48. mike @ #44:

    Obama WAS ready to cut spending – as he has already done

    Let’s all take a deep breath and relax.

    littlelettermike is hereby begged to return with the particulars on this incredible claim.

    But, first, a few rules:

    No links to secondary sources.

    No playing around with what “cut spending” means.

    Lets do some ADD kicking in parallel thinking. I planned to buy the Empire State Building, but then I decided not to. I cut spending by Eleventy-seven bazillion as a result.

    I moved category Q to Homeland Security and cut spending in Transportation by the amount formerly spent on “Q.”

    We were slated to increase Presidential Travel by 13%, but it was drastically cut to a 12.5% increase.

    We cut all bridge maintenance, but the Congress restored it.

    We project Medicare breaking even in 2020 which will cut borrowing by umptedy-fifty gagoolans so long as we have a steady 7.2% growth in GDP.

    Today, as President of the United States, I am pleased to announce that through cuts in spending over the next 10 years we will have a budget surplus starting in 2024 of over a half trillion dollars.

    You may cite me.

    Comment by heliotrope — January 4, 2013 @ 10:30 am - January 4, 2013

  49. The difference is I blame the House because Obama WAS ready to cut spending – as he has already done……Now we only have .6 tril deficit reduction when we could have had 1.4 tril

    Comment by mike — January 4, 2013 @ 2:42 am – January 4, 2013

    Wrong, mike.

    You simply are lying now.

    The proposal, loaded with Democratic priorities and short on detailed spending cuts, met strong Republican resistance. In exchange for locking in the $1.6 trillion in added revenues, President Obama embraced the goal of finding $400 billion in savings from Medicare and other social programs to be worked out next year, with no guarantees.

    He did propose some upfront cuts in programs like farm price supports, but did not specify an amount or any details. And senior Republican aides familiar with the offer said those initial spending cuts might be outweighed by spending increases, including at least $50 billion in infrastructure spending, mortgage relief, an extension of unemployment insurance and a deferral of automatic cuts to physician reimbursements under Medicare.

    These are facts, mike. You provide none. You only spout lies and Obama talking points.

    V the K is right. You are an irrational and stupid partisan hack, a pathetic and worthless troll who does nothing but lie maliciously to support your stinking Obama and so you can loot and mooch from honest and hardworking people.

    Comment by North Dallas Thirty — January 4, 2013 @ 3:07 pm - January 4, 2013

  50. There must be some smarter political GOP minds on the Hill that can triangulate a means of FORCING the Dhimicrats to reduce spending without the “…Let’s play Thermonuclear War”-option of blocking the Debt Ceiling approval.

    - Approve the $2-trillion Debt Ceiling increase, and let Sequestration hit-hard?

    – Or maybe just let the Dhimicrats spend wildly for the next two or four years and let the taxpayers choke on the Debt and inherent tax-increases required til the taxpayers cry “Uncle”?

    Let the Election have consequences…

    Comment by Ted B. (Charging Rhino) — January 4, 2013 @ 3:47 pm - January 4, 2013

  51. Ted, the problem with your option B as I see it is they’ll never ‘choke’ on the tax increases. Because they’ll always be seen as someone else’s problem. Or worse, they’ll be seen as a worthwhile sacrifice, like Poll taxes/

    “Well it’s true dirt poor white guy, you can’t vote, but we Democrats look out for our own. And at leasy ‘em ‘ex slaves’ won’t be votin’ in any Republicans.”

    Bobby ‘Sheets’ Byrd would approve.

    Comment by The_Livewire — January 4, 2013 @ 3:52 pm - January 4, 2013

  52. And the other issue, Ted, is that the Obama Party is completely and totally lawless.

    Obama supporters exempt themselves from paying taxes, outright cheat on and commit welfare fraud, and know that the Obama Party and the Obama DOJ will never prosecute or punish them for doing so.

    Couple that with the brainwashing of people like concern-troll mike, who blames Republicans for MAKING Obama supporters like him and others cheat on their taxes and commit welfare fraud, and you really see what we’re up against.

    Lawless cultists. Liars and moochers who will say and do anything to steal what they want from people.

    Comment by North Dallas Thirty — January 4, 2013 @ 5:39 pm - January 4, 2013

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