In response to:

Both Sides Must Give Ground To Avoid Fiscal Cliff

Troglodite Wrote: Nov 19, 2012 8:46 PM
At the risk of being written off as a cynic, let me dust off the old adage: "When in doubt about what is expedient, do the right thing." Though there probably are no upsides here for the Congressional GOP, we can wave our arms and talk ourselves blue discussing what is the course with the least downside for the country and for the Republicans. In reality, there are too many imponderables here, so we simply do not know. We do know that a tax increase would be bad for the country, would not do anything useful about the deficit, would encourage more spending, and would pave the way for further confiscatory taxation, eventually at the expense of the Middle Class. That is all the GOP needs to know to oppose it, come what may.
In his first formal press conference in months, Barack Obama showed that getting re-elected can increase a president's confidence and combativeness. He staked out tough stands on several issues, especially on the looming budget negotiations.

Looking ahead to the "fiscal cliff" on Dec. 31, when the 2001 and 2003 tax cuts expire and sequestration cuts government spending sharply, Obama demanded $1.6 trillion of increased revenues as part of any budget bargain.

That's twice the number he and Speaker John Boehner agreed on in the grand bargain talks in the summer of 2011.

Those talks fell apart when Obama telephoned Boehner and raised his demand...