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November 14, 2012

The Hill: 'Obama to open 'fiscal cliff' talks with call for $1.6T in new revenues'

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Not exactly unexpected, after all ... this is our Wealth-Redistributor-in-Chief's version of compromise. As for what it will do to our economy and unemployment rate, he couldn't care less as long as he gets to expand the nanny state.

Related: A Few Reminders About the President's 'Balanced Approach' (... the president seems to have in mind something very similar, if not identical, to what he proposed in his FY 2013 budget. Yet this particular budget was unanimously rejected by the Senate -- the chamber that's in the hands of the Democrats -- so basically his FY 2013 budget was rejected by his own party. That doesn't seem like the right place to start.)

Posted by Hyscience at November 14, 2012 1:23 PM



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