In response to:

Fiscal Cliff Notes

annplato Wrote: Dec 04, 2012 10:12 AM
How can you teach someone who doesn't want to learn? The Obama experience of the last four years should have been the best teaching for anyone, yet did everybody learn? He is back in the WH! I agree with someone who said, that it is not Obama and his catastrophic presidency that is most frightening, but the poeple who voted for him then and now!

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...