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Exactly How Important This Election Is!


Parsad
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I suspect that the Fiscal Cliff was born out of the Republican hopes last summer for a Republican White House.

 

Why negotiate for fiscal reform from a weak position when you firmly believe you've got a shot to control the White House in 2013?

 

So the fiscal reform was punted to a post-election date.

 

Now both sides can get serious, knowing which cards they hold.

 

The most important outcome of this election is that it's over.

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I suspect that the Fiscal Cliff was born out of the Republican hopes last summer for a Republican White House.

 

Why negotiate for fiscal reform from a weak position when you firmly believe you've got a shot to control the White House in 2013?

 

So the fiscal reform was punted to a post-election date.

 

Now both sides can get serious, knowing which cards they hold.

 

The most important outcome of this election is that it's over.

 

You're probably correct.  Notice the change in tone of both parties already.  Cheers!

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Slate has a good writeup:

 

http://www.slate.com/articles/business/moneybox/2012/11/boehner_and_the_fiscal_cliff_the_house_speaker_is_bluffing_about_the_bush.html?wpisrc=obinsite

 

Basically reminds us that the GOP can't stop Bush tax cuts from expiring, and for political reasons can't vote against a middle-class tax cut in 2013 (which benefits even the rich, as some of their income would also be taxed less, being the first $250,000 of income).

 

 

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