Nevertheless, our “unserious” Commander-in-Chief put forth a deal to grab headlines rather than avert the January 1, 2013 sequestration deadline of $1.2...
After the tax rate issue (Laffer curve), small business is the major frustration of conservatives. I find myself doubting the truth because the din is so loud I can't think. Recently, my home-town newspaper editorialized on the "fiscal cliff" and chastised Republicans for protecting "the rich" at the expense of the country, mentioning that the imagined "trickle down" economics had never worked, and never would. This is another example of Republicans inabillity to "talk," a la Thomas Sowell's famous serious. If, indeed, 70% of small businesses pay income tax at personal rates, and if, indeed, small businesses are the primary job creators in the economy, why can't this be resolved? It would appear Obama hasn't a leg to stand on.
President Obama’s offer to Republicans to save the country from its fiscal cliff plunge is one big joke. Senate Minority Leader Mitch McConnell said he “laughed” when Treasury Secretary Tim Geithner, Obama’s cliff negotiator, unveiled it to him. Laughable is right when you consider the president’s outlandish request calls for tax hikes on higher earners, the one thing Republicans repeatedly have warned Obama, since day one of his presidency, were non-starters to any budget or deficit reduction talks.
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