Fiscal Cliff Showdown

[LEP]

So things in the US remain the same, so does this set
up a fiscal cliff showdown like the debt ceiling
embarrassment or does the recent vote mean we
should all just get along?

[freewheat]

It means kumbaya. No drilling, no
pipeline, hug a tree, drive off the debt
cliff. This guy has added 6 TRILLION in
debt in his first four years.

VERY happy to be Canadian. I am shocked
they gave this loser another chance to
wreck their country. SHOCKED!!!

[bucket]

freewheat

Most americans think Bush created the problem. He probably helped and along with a few previous administrations.

Americans think obama is correcting it by the latest couple of reports.

If they believe life is getting better they don't change.

I agree with you freewheat but romney seemed too smug.

You are a people watcher what was your opinion of Romney?

[ALLFARMER]

To his credit he didn't start any wars. But ya a
semblance of financial managment to the US
books mitt offered would have be a huge
improvement.

Not sure what way I would have voted down
there.

[mustardman]

Every Empire that has fought wars around the world (Britain,Roman empire)HAS had to raise taxes. G.W Bush was fighting 2 wars at the same time and he Lowered taxes! W.T.F

The nite of the Inauguration in 2008 the republicans Met and agreed to BLOCK every bill. Is it any wonder that their is gridlock in Washington?

The republicans HAVE TO GET RID OF WING NUT TEA PARTIERS. THEY controlled the Primary Process and consequently the candidates HAD to show how crazy right they were before they could get the nod.

IF Romney could have stayed the moderate Mitt that governed Mass. he Would have been Elected.
Voters don't like RADICALS

[HappyFarmer]

The debit ceiling showdown is going to pail in comparsion to what we are going to see in the fiscal cliff showdown. Remember you have automatic tax increases and social program cuts commings if we fall off the cliff. How do you think dems and the GOP will like that? This is going to be a painful battle. All be it at least we are going to attempt to resolve it since obama has been elected. Had Romeny got in, would have a lame duck session until he got inaugurated which whould have been far worse imo.

[mustardman]

The bigget Laugh is that Obama is socialist. He is FURTHER RIGHT than Richard Nixon.
I guess compared to the tea party who is so far in Right field that they are outside the FENCE,- anyone normal appears socialist in their eyes

[cottonpicken]

The original tea party was hijacked by some nuts who
doomed the movement.

It was about trying to bring fiscal sanity back.

The actual deficit last year using acceptable
accounting measures was around 5 trillion dollars,the
unfunded liabilities are over 100 trillionish ?

Think about the fact that there is no solution to these
problems.

Qe is a desperate last resort measure that should be
giving everyone nightmares.

The only questions are when does it break and what
does it look like after.

One probability on the timeline is that europe and
japan will hit the wall ahead of the us which give a
short term flow of capital into north america which
will help us muddle along.

[rhoff]

Mustardman your claim about what the
republicans did in 08 is wrong. They didn't have
the ability to block anything till 2010 as well the
tea party didnt show up till 2010. Obama has
proven that extreme Keynesian economics will
never change unemployment but create
stagflation. You can rightly blame the bush admin.
for his over spending on war,but you have to
acknowledge that Obama has racked up a deficit
the equivalent of 10 wars!

[bobofthenorth]

It is amusing to me that the mainstream media has everyone so brainwashed that you think the tea party members are kooks. They are the voice of reason - the only voice of reason in the babel of DC. Sooner or later the American public will have to listen to them.

Any of you Canadians remember when those whacko REFORMERS showed up in Ottawa? Look at them now.