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Fiscal Cliff Notes

allen [skip] Wrote: Dec 05, 2012 1:12 AM
Is that why the democratic party was the party of the KKK. Read our real history about our founding fathers and slavery, you can thank all the whites who put their lives in jeopardy helping the blacks, leave Abe Lincoln out of it though, he really did not care about the blacks. Read the Emancipation Act, Lincoln ordered again you will be shocked to learn the truth about freedom!

Amid all the political and media hoopla about the "fiscal cliff" crisis, there are a few facts that are worth noting.

First of all, despite all the melodrama about raising taxes on "the rich," even if that is done it will scarcely make a dent in the government's financial problems. Raising the tax rates on everybody in the top two percent will not get enough additional tax revenue to run the government for ten days.

And what will the government do to pay for the other 355 days in the year?

All the political angst and moral melodrama about getting "the rich" to pay...