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reformist2

(9,841 posts)
Wed Jan 2, 2013, 09:13 AM Jan 2013

The deal, in a nutshell: The only change most people will see is a 2% cut in their paychecks.



The tax increases on the wealthy are less than most of us expected, and the spending cuts to defense are delayed yet again. On the flip side, spending cuts to Medicare and SS and other safety net programs are also delayed, for now.

My comments: I suppose I should applaud Obama and the Dems for the "win" on getting tax rates to increase for the wealthiest Americans, but I can't help feeling a little disappointed. Change in this country comes at a glacial pace.

9 replies = new reply since forum marked as read
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The deal, in a nutshell: The only change most people will see is a 2% cut in their paychecks. (Original Post) reformist2 Jan 2013 OP
When you have loud, strong voices on both sides refusing to budge, .... Buzz Clik Jan 2013 #1
By most people, do you mean poorish and middle classish working stiffs? loknar Jan 2013 #2
Democrats have now validated bowens43 Jan 2013 #3
Not really, this is "middle out" not "trickle down". CJCRANE Jan 2013 #8
its a way better deal than romneys SCliberal091294 Jan 2013 #4
That's like asking do you want to die from smallpox or the plague? hobbit709 Jan 2013 #5
Put another way, I am back to paying into my Social Security account riqster Jan 2013 #6
I'm fine with that too, but it's like they did nothing else. reformist2 Jan 2013 #7
We also kept unemployment bennies coming, riqster Jan 2013 #9
 

Buzz Clik

(38,437 posts)
1. When you have loud, strong voices on both sides refusing to budge, ....
Wed Jan 2, 2013, 09:15 AM
Jan 2013

.... it is a miracle we get anything done at all.

 

loknar

(33 posts)
2. By most people, do you mean poorish and middle classish working stiffs?
Wed Jan 2, 2013, 09:15 AM
Jan 2013

Because that doesn't seem right.

 

bowens43

(16,064 posts)
3. Democrats have now validated
Wed Jan 2, 2013, 09:16 AM
Jan 2013

the republican/conservative bullshit that tax cuts stimulate the economy.

We have embraced the economic bullshit pushed by Reagan, Bush and Grover Norquest. We have out bushed bush.

CJCRANE

(18,184 posts)
8. Not really, this is "middle out" not "trickle down".
Wed Jan 2, 2013, 09:49 AM
Jan 2013

Middle class tax cuts, not tax cuts for the rich.

The rich don't spend their surplus cash so giving them tax cuts (to stimulate the economy) is pointless.

riqster

(13,986 posts)
9. We also kept unemployment bennies coming,
Wed Jan 2, 2013, 10:08 AM
Jan 2013

...an AMT patch (whew), child tax credits, and other important items.

Not perfect, but the best deal we have gotten in about 13 years.

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