The US is currently going through the storm of the Fiscal Cliff negotiations, as you all probably know. I won’t explain what the deal is, since you can just go onto any serious website and see for yourself.
I might be controversial here, but I do believe that House Republicans should comply with Obama’s demands on tax hikes. They should let Obama do what he wants to do for a variety of reasons. I don’t think the Tea Party Republicans should try to force their way into a deal that avoids tax hikes. And here’s why:
1) If they give him the tax hikes, the President will have to cut spending. Otherwise, the blame for the impending economic collapse will be solely on him. It would be a political disaster for Obama. In fact, if he gets all for which he asks for, any refusal on his part to compromise with the GOP on other issues will lay the blame for the fiscal cliff squarely on him. That means the GOP will likely gain full control of Congress in 2014.
2) It’s worth sacrificing the top 2%, because, if they don’t give Obama the tax hikes, we’re going to go over the cliff and 100% of taxpayers will see their taxes increase. It’s better that only a small fraction of the population pay rather than everyone. Remember – the Democrats have Presidency and Senate, and therefore more leverage at the negotiating table. The Republicans HAVE to compromise if they want a deal.
3) If the tax hikes won’t be implemented and a deal will still be reached (a highly unlikely prospect), Obama will blame the GOP for the economic crisis that, with the President’s policies, is going to occur independently of the outcome of the Fiscal cliff negotiations. That means saying goodbye to 2016 and, as a result, probably 2020. This will only lead the country to a faster downward spiral. If the GOP complies today, the spiral will be blamed on Obama, and the Democrats will suffer, favouring the GOP in 2016 and 2020. In short, let’s sacrifice a few years of economic growth now rather than bankrupting the country with another 8 years of Democratic leadership after Obama.
4) Given that the GOP is terrible at promoting its sound economic positions, if the Fiscal Cliff were to occur because of THEIR unwillingness to compromise, the Republican Party will be hurt by the Dems even more, politically.
In short, let’s give it to Obama and let him destroy the country on his own. That will allow us to get back to a much needed Reagan-conservative era. If we don’t cave in on taxes, Obama will lay the blame on the GOP (which, as the election shows, he’s very good at doing), and the country will be further destroyed by liberal big-spenders.
Now is the time to act responsible for long-term advantages.




