And all through the House (of Representatives)
Not a reasonable negotiation was stirring...not even, well, anything. At all.
The proverbial fiscal cliff is looming near, and it is now a waiting game to see if House Republicans are going to be able to handle a tax hike on the wealthy 2% of Americans. Obama is not budging on this one, and quite honestly, he shouldn't. If the Republicans want to kick us all off the fiscal cliff at the start of the year, I think America will really see who the GOP cares about: the wealthy 2% (if they couldn't see that already). At this point, it is unreasonable to think that a tax hike on the wealthiest of Americans is going to send the country spiraling into another recession.
But you know what will most likely send us back into a recession? Going off the fiscal cliff and raising taxes of hard-working middle class families by $2,000 a year. Now that is something that all of us regular people will feel. I think we should all be very worried about what will happen if we go over this cliff.
So right now, the GOP leaders have a choice: Agreeing to Obama's plan to hold down tax rates for most Americans while simultaneously allowing higher rates on top earners or....being blamed for everyone's taxes going up in 2013. After this election, things are not looking good for the GOP, and refusing to budge on this issue is going to sink the Republican party even deeper into the ground. It would be a huge political error, not to mention it's just plain wrong and completely against what the American people just voted for in the Presidential election! Even Ann Coulter agrees that the GOP needs to go with Obama's plan, for PR purposes if nothing else.
Recent polls show that...
- 65% of Americans want a tax hike for those who make over $250,000
- 85% oppose the GOP pledge against raising taxes
- 51% think the GOP is negotiating in bad faith
- 53% trust President Obama more in debt talks!
The people have spoken, and I really think it's just a matter of time before the GOP gives up on this issue. Personally, I think Boehner would have given in a long time ago if he didn't have the rest of the party constantly pressuring and emasculating him. I actually feel kinda bad for the guy. Rush Limbaugh called the GOP's negotiations "weak." I like to call it "cautious" because that's what they have to be at this point to maintain their image, whatever is left of it.