How the Fiscal Cliff Deal Hurt a Recovering Economy

"The legislation lowers tax rates for many people..." This is the same misleading commentary that the precedent and media have used for two years. Technically, we all did get a tax cut... but it was not real, it was back to the same rates we've paid for the last 12 years! So this is bogus misleading that only the truely dumb think is accurate. Also, while the same technical point can be made about the pay roll taxes going up... that we are just going back to what "would have occurred under prior law..." we are in effect getting a tax increase becasue our checks are going down, not staying the same like they would if there was not a tax increase. Again, this is bogus misleading that only the truely dumb think is accurate. Madness...