Obama Wants To Go Over The Fiscal Cliff
It’s pretty obvious by now that Obama actually wants to go over the so-called “Fiscal Cliff.” Occam’s Razor tells us that’s the only possible conclusion. Let’s run it down:
1. Even before the election, Obama said he would veto any legislation to avoid the fiscal cliff that didn’t include a tax hike on the “top 2%.” It used to be 1% but that changed over time for some odd reason. Probably because the number doesn’t really matter. It’s just a metaphor for “millionaires and billionaires” who, incidentally, aren’t the only ones who will see a tax rate hike on the 2%. It will include people who aren’t millionaires and billionaires and actually create most of the new jobs in this country. But again, that’s not the point here. Obama is just tapping into the population’s envy of the rich. At best the tax hikes will raise about 80 Billion dollars a year and the yearly deficit alone is over 1 Trillion dollars. Insisting on tax hikes that won’t even scratch the deficit isn’t an economic or fiscal argument. It’s demagoguery. Conversely, taking an additional 80 Billion out of the private sector will hurt the economy, so insisting on a measure that will hurt the economy and do nothing to address the fiscal situation leads to one conclusion: Obama doesn’t want a deal made.
2. If we go over the fiscal cliff – here’s exactly what that means, by the way – Obama gets exactly what he and his progressives have wanted all along. Higher taxes on everyone and more dependence on government as the economy slips once again into a recession. The fiscal cliff will create the kind of economic destruction that Obama and his ideological brethren have always thought was needed in order to usher in “real change” or the proverbial “fundamental transformation” of America. The game is to let the fiscal cliff happen, blame Republicans for it, and then use that as leverage to expand the welfare state to heights never imagined. It’s Cloward-Piven on steroids.
3. When Obama has been pressed to provide a plan to avoid the fiscal cliff, he has referred to his last budget as the plan. This is the same budget that was defeated in the Senate 99-0. He knows this isn’t a plan. It’s already dead. Pretending this is his plan is proof that he has no plan and that he doesn’t actually want a deal. He wants the fiscal cliff to happen.
There is no other explanation for Obama’s actions on this matter. When you pare down what he’s saying, the only thing he has proposed is a tax hike that he knows Republicans won’t go for because the hikes will hurt the economy. He’s not negotiating in good faith.
I dare anyone to provide any evidence whatsoever that Obama is interested in reaching a deal on the fiscal cliff. And no, his words are not evidence. He’s a liar. Show me some action, any action, that indicates he is looking to cut a deal.