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Fiscal Cliff Notes: Part II

Reginald10 Wrote: Dec 05, 2012 5:16 PM
When you've been in Congress too long, your habit is to negotiate and compromise. That's usually a good thing, but not always. Wisdom (as always) lies in knowing the difference, and acting accordingly.

Editor's Note: This column is part II in a series. Part I can be found here.

One of the big advantages that President Obama has, as he plays "chicken" with the Congressional Republicans along the "fiscal cliff," is that Obama is a master of the plausible lie, which will never be exposed by the mainstream media-- nor, apparently, by the Republicans.

A key lie that has been repeated over and over, largely unanswered, is that President Bush's "tax cuts for the rich" cost the government so much lost tax revenue that this added to the budget deficit-- so...