In response to:

Mr. President, the Fiscal Cliff Deal Was Not “the Right Thing to do For Our Country”

Bobzmcishl Wrote: Jan 03, 2013 1:51 PM
My IRA disagrees with you.

WASHINGTON - Let's be clear what the "fiscal cliff" deal does and doesn't do. It permanently preserves the bulk of George W. Bush's tax cuts for most Americans, but it does not offer desperately needed new incentives to revive a weak economy and jobless labor market.

On the contrary, the 11th hour compromise is marred by higher taxes that will hinder further growth, cost hundreds of thousands of jobs, and make life even tougher for many Americans barely surviving paycheck to paycheck.

This deal, which elicited effusive praise from Obama in the wee hours of New Year's Day, would increase the...