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Fiscal Cliff Notes

StPHarper Wrote: Dec 05, 2012 8:39 PM
Jay I try to flag-not read-and move on, but that rascally name changing thing is not an older warriors game. We just got our buttocks handed to us for the very reason that we refuse to admit that most citizens of this country are becoming like citizens of everywhere else...they do not want to be bothered with the burden of responsibility. This is irksome. Tough to ignore...

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...