The Fiscal Cliff

Bungee-Jumping Over the Fiscal Cliff

bungee jump

Robert Reich: Excuse me for sounding impertinent, but isn’t this fear-mongering likely to buttress Republican arguments that the Bush tax cuts should be extended for everyone — including the rich?

Fiscal Cliff: Wall Street’s Latest Scam

jeffrey immelt

RJ Eskow: The CEOs of America’s largest corporations have banded together to lecture us on the importance of debt reduction. And despite their lack of qualifications and their very obvious self-interest, the media can’t get enough of them.

A Nation of Cliff-Dwellers

Cliff-Dwellers-wide

John Peeler: In the midst of a massive recession, the conservative argument for balancing the budget by cutting government spending is manifestly perverse.

Fiscal Cliff Hoax: A Mel Brooks Routine

john boehner

Richard “RJ” Eskow: This phony crisis is a lot like this scene in Mel Brooks’ Blazing Saddles, where Cleavon Little as The Sheriff pretends to take himself hostage to escape an angry crowd.

Will Dems Tax Rich to Avoid Fiscal Cliff?

butting heads

Shamus Cooke: Literally the day after the election a sudden “urgency” gripped the nation: the imminent danger of the so-called “fiscal cliff” — the national automatic tax increases and spending cuts due in January.

New Mandate, New ‘Fiscal Cliff’ Math

obama wins

Richard “RJ” Escow: The voters have asked President Obama and his fellow Democrats not to “shirk a fight” over economic issues. We look forward to seeing the democratic process unfold as a much-needed fight against economic injustice is played out in the public arena.

Democrats Hold Upper Hand As Fiscal Cliff Approaches

fiscal crisis

Robert Reich: Democrats want a deal that raises taxes only on America’s wealthy and doesn’t substantially alter Medicare, and Social Security — which is the opposite of what Republicans want.

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