Obama must reject the GOP’s blackmail

Started Nov 11, 2012 | Discussions thread
Prakash Heda
Regular MemberPosts: 499
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Re: Obama must reject the GOP’s blackmail
In reply to vadimraskin, Nov 11, 2012

vadimraskin wrote:

Prakash Heda wrote:

2008 win was easy for Obama, this time he won an amazing victory. Not only did dems hold the White House despite a still-troubled economy, in a year when their Senate majority was supposed to be doomed, they actually added seats.

Obama win re-election with a populist campaign, so he should plausibly claim that Republicans are defying the will of the American people.

So what should he do? Just say no and go over the cliff if necessary.

You should know that the fiscal cliff isn’t really a cliff. It’s not like the debt-ceiling confrontation, where terrible things might well have happened right away if the deadline had been missed.

This time, nothing very bad will happen to the economy if agreement isn’t reached until a few weeks or even a few months into 2013. So there’s time to bargain.

Also GOP should remember, its Obama's responsibility to fix economy not theirs (that's what I heard in election from GOP)

Most of all, standing up to hostage-taking is the right thing to do for the health of America’s political system.

So stand your ground, Mr. President, and don’t give in to threats, time to call GOP's Bluff, no deal is better than a bad deal.

I would sunset the tax cuts and let taxes go up for everyone (2% on average is not a all-over killing number) plus allow some cuts to major spending (defense spending, Medicare, etc) but in limited numbers and over the period of time. This way economy could adjust gradually and wont be subjected to a shock.

Republicans were the first ones to cry about Government spending and debt and "sky is falling down", let's them see what happens when Government is serious about spending. Defense spending MUST be cut and seriously so. Pull all the troops from Europe and other regions that are not a thread anymore, cut a number of active duty personnel and expand reserve force, cancel expansive weapons programs that have been on the budget for more than 5 years and have not produce any tangible result. Let defense contractors start thinking about competing on the civilian market instead of standing in line with their hand extended to the Government.

Reform Tax code and get rid of deductions that allow many people and corporations a free ride.

Issue temporary employment cards to illegal immigrants and tax them and their employers so some tax income can be generated where there is none now.

This will reduce the deficit in a meaningful way.

Couldn't agree more, ideally I would prefer that...Having said that, president has to honor his promise for 98%...if repubs don't agree, than he should use that opportunity to let all cuts and spending go automatically, and blame goes to repubs (they doom 98% for their love for 2%)...

And that way he will be reducing big chunk of deficit (that's what repubs ask for so long), there will always be time after fiscal cliff to fix some of the things which are must both repubs and Dems agree on....

But if rebups change their position (i.e. revenue of any kind is not on the table), then they are responsible for deficit...

It's time to stand on the ground(for both parties), lets see who buckle under pressure....

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Prakash
Www.starinnovative.com

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