"There was and is no good alternative. The amended version with spending cuts would not have been presented to the Senate, and the Let It Burn option would bring even more tax hikes and the spending cuts would be devastating to Defense.
Blame whoever you wish, when America reelected Obama and enough Democrats to keep control of the Senate, she ensured no meaningful spending cuts and no serious entitlement reform would happen for at least two more years, and probably four."
“The power under the constitution will always be in the people. It is entrusted for certain defined purposes, and for a certain limited period, to representatives of their own choosing; and whenever it is executed contrary to their interest, or not agreeable to their wishes, their servants can and undoubtedly will, be recalled.”
~ George Washington (1787)
~ George Washington (1787)
Thursday, January 3, 2013
An alternate view on the "Fiscal Cliff" bill
From a commenter at The Other McCain blog: