Where we are now at the beginning of December, 2012, is:
President Obama ran primarily on his contention that we need more revenue. The Republicans ran primarily on the idea that “we have a spending problem, not a revenues problem.”
President Obama won and has now laid out his entire revenue enhancement plan, a modest part of which comes from higher taxes on the “rich” part of the income of the rich — income above $250,000, and has asked the Republicans to lay out their spending reduction plan.
The Republicans refuse to lay out their solution to the “spending problem” and, in fact, plan to say nothing at all on the subject.
If we “go over the cliff” whose fault will it be?
Alfred Y. Kirkland Jr.
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