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Fiscal Cliff predictions?

Started by Cain, December 29, 2012, 11:06:26 AM

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Cain

December 29, 2012, 11:06:26 AM
I'm going for "grand deal to fuck over Social Security, no middle class tax rises", with a small side bet on "everyone goes over the cliff, world economy goes into recession, Obama doesn't care".

Juana

#1
December 29, 2012, 10:38:58 PM
What about upper class tax raises? I'm reckoning we're not going to get one of those, or an appreciable one.
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Reginald Ret

#2
December 29, 2012, 11:02:13 PM
Quote from: Cain on December 29, 2012, 11:06:26 AM
I'm going for "grand deal to fuck over Social Security, no middle class tax rises", with a small side bet on "everyone goes over the cliff, world economy goes into recession, Obama doesn't care".
The last one ended already? I didn't notice.
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Cain

#3
December 30, 2012, 04:39:47 PM
Quote from: Juana Go? on December 29, 2012, 10:38:58 PM
What about upper class tax raises?

:lulz:

Quote from: :regret: on December 29, 2012, 11:02:13 PM
The last one ended already? I didn't notice.

Worse recession then.  Sorry, I must have forgotten this is "pointless pedantic nitpicking week" on PD/

Nephew Twiddleton

#4
December 30, 2012, 07:27:34 PM
Possibly less funding where i work which would suck.
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#5
December 30, 2012, 10:00:08 PM
Quote from: Juana Go? on December 29, 2012, 10:38:58 PM
What about upper class tax raises? I'm reckoning we're not going to get one of those, or an appreciable one.

I think we'll get a small tax increase on the upper class, since that has been a huge campaign issue for the democrats.  On the other hand the whole thing with the guns may have swung public opinion enough back to the right that the Republicans figure they don't have to compromise on that at all.

insideout

#6
December 31, 2012, 04:03:41 PM
My vote is that this was a preplanned scenario so that Austerity measures could be enforced on the USA, and Obama and the Democrats in the senate and the congress would get to blame the republicans, and the republicans would be able to go back to their constituencies and say "See?  we stuck to our Guns and didn't approve Obama's stinking tax hike on the rich!!!".

If members of either party officially pushed for Austerity measures in the US, they'd guarantee that they wouldn't get re-elected.

Anna Mae Bollocks

#7
December 31, 2012, 04:20:34 PM
Scantily-Clad Inspector of Gigantic and Unnecessary Cashews, Texas Division

Cain

#8
December 31, 2012, 04:46:16 PM
Quote from: insideout on December 31, 2012, 04:03:41 PM
My vote is that this was a preplanned scenario so that Austerity measures could be enforced on the USA, and Obama and the Democrats in the senate and the congress would get to blame the republicans, and the republicans would be able to go back to their constituencies and say "See?  we stuck to our Guns and didn't approve Obama's stinking tax hike on the rich!!!".

If members of either party officially pushed for Austerity measures in the US, they'd guarantee that they wouldn't get re-elected.

Members of the Republican Party have been openly pushing for austerity measures.  Austerity is their program.

(For the sake of argument, let's accept the common belief in US political circles that military spending does not count as part of the budget, as the military runs on Magic Pixie Dust).

That said, I don't disagree.    Obama's a straight neoliberal on economic issues, and many neoliberals are quite outspoken on the need for cutting government spending and paying off debt as the Engine Of Prosperity.  Because of course, the path to riches historically has involved putting all productive surplus towards paying off debt, and no nation or continent has ever come to ruin by attempting this.

LMNO

#9
December 31, 2012, 06:32:17 PM
What's amusing (for a given value of "amusing"), the fiscal cliff that the GOP is whining about is pure austerity.  The entire goal of the cliff is to reduce the deficit.  But reducing the deficit so quickly and dramatically, will fuck everything.  So the GOP is having a lovely bout of cognitive dissonance by arguing against austerity.

The Good Reverend Roger

#10
December 31, 2012, 08:00:24 PM
Say hello to the guy dishing out the slop at the soup line, humans.
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The Good Reverend Roger

#11
December 31, 2012, 08:03:17 PM
I mean, until today, I figured the GOP had enough in the way of survival instincts to back down on this, and walk small for a while until they had the ammunition to run it back at the dems.

But they don't.  They're really THAT DUMB.  And so say "HOWDY!" to unemployment rates in the 20-30% range.

America:  Fat, stupid, and blissfully unaware.

Oh, and sorry to all you foreign types that are going to get ass-fucked by this.  We can't help it, we're retarded.
" It's just that Depeche Mode were a bunch of optimistic loveburgers."
- TGRR, shaming himself forever, 7/8/2017

"Billy, when I say that ethics is our number one priority and safety is also our number one priority, you should take that to mean exactly what I said. Also quality. That's our number one priority as well. Don't look at me that way, you're in the corporate world now and this is how it works."
- TGRR, raising the bar at work.

The Good Reverend Roger

#12
December 31, 2012, 08:05:30 PM
" It's just that Depeche Mode were a bunch of optimistic loveburgers."
- TGRR, shaming himself forever, 7/8/2017

"Billy, when I say that ethics is our number one priority and safety is also our number one priority, you should take that to mean exactly what I said. Also quality. That's our number one priority as well. Don't look at me that way, you're in the corporate world now and this is how it works."
- TGRR, raising the bar at work.

The Good Reverend Roger

#13
December 31, 2012, 08:07:56 PM
Apparently, Obama folded, too.

There's a new "tax deal".  So nothing's actually FIXED, we've just put the horrible explosion on hold for a bit.
" It's just that Depeche Mode were a bunch of optimistic loveburgers."
- TGRR, shaming himself forever, 7/8/2017

"Billy, when I say that ethics is our number one priority and safety is also our number one priority, you should take that to mean exactly what I said. Also quality. That's our number one priority as well. Don't look at me that way, you're in the corporate world now and this is how it works."
- TGRR, raising the bar at work.

LMNO

#14
December 31, 2012, 08:08:54 PM
And next up: The Debt Ceiling!
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