In response to:

More Pain, Less Gain

William3458 Wrote: Nov 19, 2012 7:55 PM
Barry doesn't give a monkey's backside about the country, and neither do the voters. Massive tax increases on the $250k+ earners will net about 10 days of deficit spending. What about the other 355 days? The voters have spoken and they say stop the moralizing and just send the entitlement check.

President Obama and the Democrats have made a cottage industry of peddling "tax hikes for the rich" as the way out of the fiscal crisis precipitated by ObamaCare and other profligate spending.  

But with reports and polling showing that upper income spending has fallen since the beginning of September, the country may have a chance to see that "tax hikes for the rich" are not as costless as the administration and Democrats want Americans to believe.

The "rich" are pulling back in anticipation of tax increases coming down the pike in 2013.  As a result, it looks like they...