Friday, December 7, 2012
Politikin Reborn - Falling off the fiscal cliff
This blog has been silent for the better part of a year and now it is going to be reborn. I would like all of my gifted minds to do the following:
Post your thoughts about the negotiations with respect to the "fiscal cliff". Since we can't know all the specifics what approach do you feel is appropriate?
Follow the rules of the blog as described in class. You can use the links below to gain some information to make your decision:
From CNN
http://www.cnn.com/2012/12/07/politics/fiscal-cliff/index.html?hpt=po_c1
From Fox News:
http://www.foxnews.com/politics/2012/12/07/boehner-blames-obama-my-way-or-highway-for-standstill-in-fiscal-talks/
From MSNBC
http://firstread.nbcnews.com/_news/2012/12/07/15754287-boehner-no-progress-toward-resolving-fiscal-cliff?lite
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Tax Rates
ReplyDeleteAfter reading articles and listening to videos about what the fiscal cliff is I think that it’s a problem that Democrats and Republicans are at a “stalemate”, they can’t agree on how to deal with tax rates for the new year. Republicans are upset that President Obama will not “take a step towards us”, they feel as though Obama is trying to prolong the process of deciding whether to extend the tax cuts from the Bush era or change them before the new year deadline. So Republicans feel if rates increase the public will blame and point fingers at their party.
I feel as though President Obama can’t come back to the Republican Party with a “counter-offer” every time both parties can’t agree on their new proposal. During this year’s election Obama based a lot of his campaign on how he will make sure that middle class taxes will not increase but the top 2% income earners will receive a tax rate increase in 2013. Thus this makes it very difficult for our president to make a counter-offer that the republicans have requested in order to make progress in deciding a plan for next year. I feel as though both sides are unwilling to compromise and make a decision with increasing time constraints.
I agree when you say it is a problem that the Democrats and Republicans are at a stalemate. I feel that we have hired them to get the job done, not to sit on their chairs and twiddle their thumbs in disagreement. Furthermore, if they keep shutting down the presidents counter offers they will never come to an agreement soon enough to meet their deadline, making the Fiscal cliff problem a last minute decision which is not a good sign for the future of America.
DeleteThe problem with the fiscal cliff is that there is a lack of compromise between the left and right. Both sides are attempting to make stands and don't want to give up any ground at all to the other side. The president had campaigned on the idea of tax cuts for the middle class but not the top earners in the country.
ReplyDeleteRepublican ideas on how to solve the crisis is the exact opposite and believe that by increasing taxes on the wealthy, we could be plunged further into debt. This leaves us with the standoff we're currently in. It's being over hyped though, the same type of thing happened last time to bush tax cuts would have expired. there was a standoff and eventually it was settled. We all hate how unproductive congress is, but they know this is something that needs to be done even if it means a little compromise.
-Chris Darroch
I agree with what you said that it has to be done. Its also true that all this debate is annoying and it makes it even more annoying that we know how it will end. I think it is almost not worth even worrying about because in the end they are going to come to an agreement, its just one or both parties will not be as happy as they could be. Both of them know what they have to do, now they just have to go and do it.
DeleteFirst things first, those are not links. Links you can click on and be redirected to the page. Those are URL's. But that aside, obviously lack of compromise is the problem as stated by the previous posters. This is the problem and the strength of democracy not solely the fiscal cliff. It is a strength as it keeps one party from controlling the government thus leaving at least half of the country dissatisfied and unhappy with government decisions. However it becomes a problem when it prolongs something, such as the fiscal cliff, that is crucial inorder for our country to function properly from an ecomonic standpoint. I agree with the author of the CNN article. There needs to be a compromise of a 37% tax rate of the top income bracket. It's a compromise with Obama conceding from 39% and the House conceding from 35%. I also think that Obama should take a second look at the possibility of closing deductions and loopholes that the republican party campaigned on. But it all goes back to the idea of compromise. With such different ideas on how taxes should be, it will be interesting to see which course of action our country takes.
ReplyDelete-Alex Keator
I agree that while the lack of compromise is frustrating, as you stated it is both "the problem and strength of democracy". However, sooner or later, one side will have to take a step towards the other in the hopes of accomplishing anything. I do think that both sides understand that there will eventually have to be a compromise, but are just holding out as long as they can to satisfy their parties' pressures put on them to be the "winner". I think if less emphasis was put on the battle between democrats and republicans and the focus was more about doing what needs to be done, both sides would find that it would be much easier to function and get things done.
Delete-McKenzie Harrington
McKenzie, I agree that the indecision may be partly a result of the party rivalry and the winner mentality. This is infuriating for many Americans. Alex, I also feel that tax reform like eliminating loopholes and deductions would be a practical solution since both sides agree on that. In addition, I think the 37% tax raise as a compromise is a good idea. I think the wealthy should pay their share and finding middle ground on the percentage of the hike is the only way to institute this.
DeleteI think both sides are wrong for dragging this out. Neither party wants to give up anything but then criticizes the other party when they dont give up anything. Both partys just need to get the deal done. I think the best way to fix the problem would be for both partys to give up something, then they wouldn't feel as if they were getting cheated by the other side. I think Obama's tax on the top 2% is not a bad idea however i think he should cut some of his spending as well. This gives the Republicans and Democrats half of what each party wants and therefore they no one really loses. If a deal like this is reached then the Republicans might be more willing to agree and get the problem solved.
ReplyDelete- Nick M
I completely agree. Both sides clearly need to concede something for a deal to get done, I just think it'll take a concession from Obama that shows he's serious about making a deal. I also agree that the whole taxing the wealthy more ordeal is a big thing that likely separates democrats and republicans. I'm curious to see if you feel the same, but I feel that it's fair for the wealthy to pay a bit more. It just seems like now they'll just have a little less than the hundreds of thousands or even millions that they make.If it's what can help us get on track, I feel they should find it reasonable to make that sacrifice.
DeleteWhen looking at the situation it becomes clear that the major problem is that lack of communication and willingness to compromise by each side.mI agree with Nick that the tax hikes for the top percentage of people will be beneficial and that asking them to pay a little more can do no harm. I also agree that some cuts in spending could work for reducing the deficit at least a little. An idea like this which favors both sides could lead to some progress and get the situation moving in the right direction. All in all in order to see any progress the two sides must band together to get the country moving in the right direction.
ReplyDeleteThis just seems all too familiar with what I'm used to hearing; Obama tries to make moves but democrats and republicans can't agree with each other, so nothing gets done. I think what a lot of wealthy people and most likely republicans don't like is Obama's plan to raise taxes on the wealthy, but keep middle class the same. I just hope this won't be the reason for possibly not coming to a deal. I think Obama just needs to cut a reasonable amount of spending in places that the republicans are okay with. Certain education programs could be a possibility because I'm sure there are some that we could do without, like prison teaching. I feel it's a waste of money to help inmates get educated just to help their outlook on life. I feel that being uneducated comes along with the other disadvantages of prison. In the end it will get done and they will come to an agreement. It's just a game of chicken to see who gives in first.
ReplyDelete-Dustin Van Fleet
I certainly hope you're right. I agree that both sides have their own economic classes in mind. Both sides clearly have their reasons for fighting for their beliefs and, with that, sadly dragging the rest of America to a grinding halt with them. My only fear is that, as we've seen in the past, compromise will not be met (ie. raising the debt ceiling time and again due to a lack of compromise). Hopefully, as you said, someone will "give in first."
DeleteLike most others, the fiscal cliff negotiations are somewhat frustrating to the public. While we don't have the specifics, it seems as though this is just another example on the stubborn unwillingness to work with the other party, as we have seen before. When it comes down to it, no matter what the method is, enough has to be done to avoid falling off the fiscal cliff. Depending on what you believe, this could be done in a number of ways, but the most important thing is to take some form of action, and quickly. Though republicans are opposed to raising tax rates on the wealthy, polls show that a majority of the country would be willing to do this in order for a complete economic gain. Either way, something drastic needs to be done, and while there is certainly room for compromise, I personally think that certain methods just won't be enough to make an impact, and a major change needs to take effect.
ReplyDelete-McKenzie Harrington
Kenz,
DeleteI agree with your opinion about having the decision being made quickly and being made effeciently. Although each side doesn't want to budge I agree that if the parties listen to the public, like you mentioned about raising tax for the wealthy, then a decision will come much quicker and will also be liked and accepted by the public.
Although we cannot know all the specifics of the fiscal cliff negotiations, we do know that the issue has not been solved yet. From the articles posted above from CNN, MSNBC and Fox News these negotiations have still yet to come to a final conclusion and it seems as though each party is unwilling to compromise and work with the other, similar to many other negotiations. The decision whether or not to raise taxes on the wealthy is unfavorable to many but it might be nessecary for this to take place in the future to avoid falling off this "cliff". Regardless to the many disputes the Republicans have with the Democrats and vise versa a decision does need to be made and it needs to be made quickly. Each side must be willing to give up something in order to make this process become effective and if cutting goverment spending by just a little is something that needs to take effect, then it must be done. Overall, I believe each party must work with the other and be willing to give and take a little before a final decision can be made in order to conclude these negotiations.
ReplyDelete-Beth McBain
With the countdown towards the fiscal cliff quickly dwindling, most Americans are now wondering why a compromise has yet to be reached. Of course, each party has their own idea of what's "right" but what needs to be more examined it what's more pragmatic. Let's look at some facts first. If a compromise is not met, the Bush tax cuts will be over and everyone will have to pay more on there taxes. Some would argue that this is a good thing. With a near 16 trillion dollar deficit, the most efficient way to pay it off would seem to be to raise taxes and cut spending. Yet, in my opinion, falling off this cliff will only slow progress. If taxes are raised the economy will be stifled in one way or another. Although it would seem that it would take longer to pay off the deficit by only cutting spending, the long term prosperity from keeping taxes low and the economy moving would surely pay off the deficit quicker in the end.
ReplyDelete-Clark Cone
I agree with you completely. I think that if we were to let the tax cuts expire completely and everyone's taxes were raised it would be too much of an increase for some however i don't necessarily think that only have a percentage of people pay increased taxes is fair either. I think a comprise needs to met where both sides give in a little. I think everyone should pay an increase but the topmost percentage should pay a higher percentage than the middle-class. This way there isn't any one class that's left to lower the deficit. America as a whole formed this debt and as a whole we should pay it off.
DeleteAfter doing my research on the “fiscal Cliff” it sickens me that the Democrats and Republicans once again can’t come to an agreement, it makes me question why we even have them. Furthermore, I have to say that the Republican plan “to hold the debt ceiling over the heads of Americans and the world” is a scary thought. If this happens then taxes would be increased for all taxpayers which will mean reduced consumer spending. Higher taxes on corporations could result in millions of layoffs. The combination of all this would send the economy into a nasty recession right as we were just climbing out of the one from 2008.
ReplyDelete- Jared J
Jared,
DeleteI agree with you completely. The economy is very fragile and is still trying to recover from the recession that happened in 2008. Democrats and Republicans need to keep in mind that whatever they decide to do or not do on the fiscal cliff will greatly affect the economy that then affects the struggling middle and lower class citizens. Instead of having both parties debate a compromise when both have no intention on compromising Democrats and Republicans should do what they were elected and appointed to do. To represent the public and make educated decisions that will overall help and support the US citizens.
Payton H
I agree that it is the wrong time to increase taxes, in the past year unemployment rates have gone down about 1%. So, we should keep the system that we currently have until we are stable enough to increase taxes.
Delete-Jess V
After reading the above posts, (mostly on how the main problem is that the democrats and republicans cannot agree on anything), I feel as though the system may be inefficient, yet neither party is to blame. Each was elected based on what they believed was "right" and what the country needed. They are simply defending the people that gave them a job. Income tax increases were a "priority on which Obama campaigned for re-election this fall". If so, why should he be expected to compromise when he was elected? Even though I do not personally agree with tax increases for the top 2% (if youre going to raise taxes, raise them for everyone), I think that if it decreases the deficit, its a step in the right direction. Its hard to conclude which approach would be appropriate because neither side can be expected to compromise. They may never come to a conclusion and end up with a system that neither of them wanted.
ReplyDelete-Jess V
I definitely agree with you that neither party is to blame. However, I also heard that they are trying to protect themselves rather than doing what is best for the citizens of this country, which is what they were elected to do. I do agree with you that if they are going to raise taxes then they should raise them for everyone. However, I do believe that there should be a higher tax increase on the wealthy since they make more than the poor or middle class and can clearly handle a higher rate than a poor or middle class family who might be struggling to put gifts under the Christmas tree and pay all their other bills.
Delete-Heather S.
this is just a personal moral issue i guess. i just feel that if the wealthy have earned it, they shouldnt be forced to give more(even though its probably not actually going to impact their monetary standings) just because they have it. its kinda biased and unequal, especially when we are supposed to be a country that supports equality
Delete-Jess
As usual, the Democrats and Republicans in Congress can't come to an agreement on a solution to a problem. I think it is absurd how they have been procrastinating rather than actually coming up with a suitable solution. Obviously this is a very difficult decision for them, since no matter what solution they come up with, not everyone in the country will be happy with it. If they increase taxes on the top 2%, clearly the people that fit that bill won't be too pleased. If they increase taxes all around, nobody will be happy. If they take the middle ground and address the debt issues to a limited extent, people in this country will complain that nothing is getting done. I honestly think that they should put a higher tax increase on the wealthy and then a smaller tax increase on the lower classes. That way the people who make more money will be paying an increase in taxes proportional to their income. I also think that the people in Congress need to stop worrying about themselves and worry about the rest of the country which is what they are supposed to do. The longer you wait to make a decision on something, the harder it is to make the decision later. It's time for them to stop procrastinating like high schoolers putting off an essay and make a decision before it is too late.
ReplyDelete-Heather S
Evidently,the primary issue regarding the fiscal cliff is the lack of compromise between the Democrats and the Republicans. However, I think both sides would agree that doing nothing would just inhibit the American economy. The Bush tax cuts would expire and every citizen, from poor the wealthy, would pay higher taxes. In my opinion, the most fair and beneficial solution to reduce the deficit would be to eliminate deductions and loopholes (agreed upon by both Democrats and Republicans) and to raise taxes more on the wealthy. I side with the Democrats on raising taxes on the wealthy because I think it is a duty of the more fortunate to give back to society. Unfortunately, demanding this consession from the Republicans is far-fetched as it would only further the stalemate. Therefore, I think a 37% tax raise on the wealthy instead of a 39.6% raise would be a fair compromise. As the impending fiscal cliff approaches, it will be interesting to see which decision our leaders choose to make.
ReplyDeleteLaura, I agree that the wealthy should "take one for the team" and hope that a compromise along these lines will be reached. I also feel that the stalemate will continue because neither party is willing to give in, and that a decision will not be reached by the 31st and it will be pushed off once again.
DeleteI agree with your ideas about this topic. I think it is a good idea to raise the taxes on the wealthy because it can help boost the economy. I think you made a great point on the fact that the wealthy should give back to their country. The 37% tax raise is a good compromise to be made. I would side with the democrats like you in this situation. Overrall I completely agree with you and hope a good compromise is reached in the end.
DeleteAfter reading there was one thing that struck me, Republican Senator Coburn saying that he does not care which way is taken as long as the rates go up which would allow for a change in the tax code later. The "fiscal cliff" as turned from an issue where both parties tried to make concessions and work out a deal, to childish behavior. Yes Congress has the sole right to change taxes,but it seems like the Republicans, especially John Boehner, wants to wring as much as they can from the deal, "With both sides agreeing the wealthy will pay more, the fiscal cliff talks come down to how much Republicans can wring out of the White House in return for giving in on taxes". I think once both parties agree on a deal, there will be a lot of changes to increase revenue. This is only the beginning.
ReplyDelete-Shivaram
As the new year aproaches, our government is running out of time to make this decision. Rather than arguing with each other, Democrats and Republicans should be trying to reach a reasonable compromise. Clearly, neither side is willing to move toward the other which is wasting time that they don't have. I believe that slightly increasing taxes on the wealthy would benefit our economy, but it should not be raised to such an extreme.
ReplyDeleteWell it's not that weird that democrats and republicans cannot agree on an issue but on top of that it seems like they have put off this issue for a while, basically until they cannot anymore. Anyway democrats want an increase in taxes while the republicans want to avoid raising taxes and to cut spending. Compromise seems to be the only solution since leaning to either side seems to spell trouble. If we increase taxes theres a very real chance that the economic growth could be slowed or stopped sending us into recession. On the other side if we do not go through with the scheduled tax increases and spending cuts the deficit would rise which could possibly put the U.S. in the situation much like they are now facing in europe. So the best way out seems to be a comprimise that adresses both issues and finds a nice middle point. What is this middle point? I have no idea. Love Dan
ReplyDeleteAs many of the other posters have said, the two parties simply cannot agree on how to solve the issue. I think that the problem is that the elected officials are too scared to vote anyway other than party lines, in fear of losing their seat. I think that this points to the underlying problem in our democratic system. If we live in a country that is so set on certain extreme ideas, nothing will ever get done. Specifically relating to the fiscal cliff I believe that our officials will not do anything, let the December 31 date pass and take their sweet time coming up with something later. If I was in charge of making a decision, and had more access to the facts, I would certainly vote for closing the deficit by any means even if that means a tax increase for everyone. I think government spending should be cut on certain things like research for the time being. While research on certain things is important, so is the economy. And I’d also like to mention that a lot of the research we are doing on things like genetics are hurting us in the long run (that’s a conversation for another day).
ReplyDeleteAfter reading through the articles it is clear that there is no progress being made on the "fiscal cliff." Compromises need to happen and both the democrat and republican sides want things to go their way. Presidsent Obama is not taking a step forward to resolve the issuse he wants things to go his way. The attitudes of both sides will not lead to progress in the end. I agree that taxes should be raised on the wealthy. The 37% tax raise seems to be a fair compromise. If nothing is done, that could damage the economy and create more damage and forlong the stand still on this problem. Both sides should give something up to settle the dillema. Progress can only be made if both sides are willing to compromise. I am curious to see what will happen in the end.
ReplyDelete-Shannon Lussier
Well to jump on the bandwagon I agree with every single previous poster in saying that both parties are being foolish in their steadfastness and refusal to compromise. An agreement must be reached before we fall off the fiscal cliff; without an agreement, taxes will increase for everyone, poor and rich, when the Bush tax cuts expire. Although I personally believe that cutting entitlement spending would do more harm to our country than it would help, these cuts may be necessary in order to reach an agreement with Republicans. If Boehner got his cuts to Medicare, Medicaid, Social Security, etc., it is likely that he would be more willing to consent to the higher tax rates on higher earners that Obama is asking for. I also agree with the compromise of 37% on the highest bracket. Maybe even 38%. To add to the compromise, I agree with the proposal from both parties of eliminating deductions and loopholes....(possibly the only thing the two agree on?). It is argued that tax increases could lead to recession; in response, I believe that Obama's wish for stimulus spending should be fulfilled, because it is very likely that this spending will aid economic growth through the creation of new jobs. In short, both parties should stop being silly and realize that they need to make some sacrifices unless they want to keep this $16 trillion deficit.
ReplyDeleteLily
There really is not one solid answer to the "fiscal cliff" crisis. What can we do? The ideal solution would be to raise the tax on the top 2% and extend Bush tax cuts on the middle and lower classes. Think about it: those who are in that top 2% can almost definitely afford a significant tax hike. The middle class cannot afford the massive tax hikes that would ensue if all of the Bush tax cuts were repealed. If the top 2% have the money to be the top 2%, then I think that a tax increase is certainly fair. If anything, the best bet would be to lower the taxes on the middle and lower classes and hike that of the top 2% to make up for the difference. However, that is not likely to happen. Republicans and Democrats, as if in a page directly out of a history book, are once again fighting about something fairly simple, in theory, at least. Yes, I realize that, in practice, this is a much larger task. But extending the Bush tax cuts for the middle and lower classes and raising the taxes on the upper 2% is the best solution. If that compromise cannot be reached then there really is not much hope of avoiding the 'fiscal cliff' that we are scrambling to avoid. What other option to we have? Raise the debt ceiling AGAIN and dig ourselves deeper into the hole? It seems the likely 'solution' that the government will come up with and implement. And then what do we do? The only option left is for the two parties to give in and compromise. Otherwise there really is no hope of an escape from this whole mess.
ReplyDelete-Nate Kirchner
I feel as if everyone else has described what the two plans are. Therefore, to best utilize my comment I will not do that. Rather, in my opinion I feel that neither side will work. Both sides have a good plan, and both are relatively fair, but neither side will get their plan passed. If republicans loose, they would have to deal with their major financial contributors (that 39.6% tax increase), and if democrats loose, they have to deal with their major voting force. Politically, allowing the other side to succeed is suicide.
ReplyDeleteThat being said, I agree with what we said in class about how if the cliff isn't dealt with both sides will loose something they do not want.
I feel like we should look to the patriot act as a model to cure the economy. It is an act that is allowed yet it supersedes constitutional law in a time of terror. Why can't we have an act like that passed, so when we have a time of financial terror we can put the law into place, that allows for a plan to be made that only needs to go through the executive and judicial branches? It could be necessary to prevent the country from going into recession, or even something like Greece and the rest of Europe.
I feel most of the statistical facts about the fiscal cliff have most definitely been made clear. Aside from these facts, I feel like the idea and manner in which this is taking place is just basically made to fail. Both parties clearly sent their heavy hitters to go out and win for their side. Not win for America, but for their individual party. As soon as any person involved proposes the simplest compromise, they are massacred by their party. While it can be a somewhat scary thought, I think the best way to do it is keep it more private. Every proposed plan ends up in the media and dissected within hours. Instead, I think it'd make more sense keep it behind closed doors, much like how a jury is treated in court.
ReplyDeleteMy thoughts on the fiscal cliff aren't going too deep at this moment. I feel that there have been some good comments, and I fear I'll sound like too many other people if I type my whole opinion. However, I don't really know what we can do, neither side will budge apparently, and that will obviously get us nowhere. I think the president has a tough situation on his hands.
ReplyDeleteI did write my post at the correct time, however my computer decided to freeze on me at the last second. Anywho, I understand that neither side is willing to compromise on what to do about the fiscal cliff. I think it is wrong in any way to try to find a loophole to get out of this mess. I think to make matters worse the current rate seems to be a little high. If only both sides on this situation could come together and agree on the whole idea.
ReplyDeleteI was personally intrigued by Howard Dean's plan. While it seems Obama is said to have targeted the top 2%, the evidence clearly showed that tax hike wouldn't solve our problem. There appears no way to avoid the tax hike, and Dean's is a better option statistically. Negotiations are only described as difficult or non-existent in some cases. I believe that is what I would like to see; as this bickering is never appropriate and certainly not with such little time. Boehner's idea also seemed plausible ($400 Billion) but his removal of key committee members is where I see error. That is not the behavior that seems productive. Internal conflicts are not what is needed in these next few weeks. Our fall damage from this cliff will harm all, and I think both parties will hurt if at not least some compromise is constructed. There are enough strong proposals out there form what I can learn, what I want to see is that one is picked, and if not, that some action is made at all.
ReplyDeleteAfter reading the articles, I have concluded that neither side is willing to reach an agreement. It seems as if Obama is putting this decision on hold. He seems to be trying to create loopholes instead of dealing with this situation. I do not think that this is the right way to go. Both sides need to reach an agreement. - Romana Hruby
ReplyDeleteIt is clear after reading the articles that this decision about the fiscal cliff is going to take more time. It seems as if neither the president or the house want to take a step forward, and come to a decision that's going to affect Americans everywhere. Boehner and fellow House Republican leaders have set their idea to the table, one that included a $800 billion revenue, yet Obama has failed to respond. Its obvious that the democrats are staying with their own and vice versa with the republicans. However in the end its the uniting between these two political parties that's going to get any work done.
ReplyDeleteAs we all obviously concur, there will be no agreement between the two parties anytime soon. With such different views and compelling arguments on either side, it is hard to completely agree with anyone. Both parties are being stubborn and pig-headed about the situation, focusing solely on what would look good for their individual party. I disagree with parts of both sides' arguments and therefore cannot support a single party's ideas entirely. Nevertheless, I believe that President Obama's tax idea for the top 2% is a good start. From there I can't even speculate about what the outcome should or will be.
ReplyDeleteI agree with Brandyn, I think both parties should spent less time bickering about it and more time trying to solve the problem. I agree with Obama's 2% plan as well, it is a good start.
ReplyDelete- Dan White
It is time for republicans and democrats to do the job we selected them to do. They're constant bickering has created a huge problem that has left the American population pondering their financial future. Without resolve, people will continue to hoard their money and save it in case of higher tax rates, raised by democratics. People need to know what they're facing in order for this economy to be turned around.
ReplyDeletePadraig
The fiscal cliff is a "man made disaster waiting to happen" according to CNN Money. This means that it is both the Democratic and Republican parties fault unless they can comes to terms with eachother and create a compromise. Sure it's just a fact that the republicans want to avoid making an increase in taxes while the Democrats want the opposite but as Dan said we could cause a recession once again. I feel that we as a nation should come to terms with the choice of if we should raise or lower taxes because economically we could become more stable. That is all. With love, Joe D.
ReplyDeleteI agree with Padraig, the fighting between sides is keeping American citizens from the security of knowing their financial future. It seems almost disrespectful that the people we vote in to represent us would keep debating such a serious problem instead of finding a solution. I feel that raising taxes wont be favorable for obvious reasons but it will help to fund deficit payments and as a nation in severe debt that is what we need.
ReplyDelete