Joe Doakes from Como Park emails:
The hype around the “fiscal cliff” reminds me of the hype around Y2K which supports my suspicion that’s all it is – hype.
If the GOP fails to cave in, we automatically enact the spending cuts adopted by John Kerry’s Super Committee and cut the monthly shortfall in half. We don’t cut the Budget in half, just the amount we’re Short each month.
We’ll still be spending ourselves into bankruptcy, only not as fast. That should be okay with Democrats, shouldn’t it? Incrementalism, and all that?
Like most of the Democrat (and DFL) agenda, it’s there to gull the gullible…
…and draw attention away from the real problem; the upcoming debt and entitlement crunches.
Hey, how about that upcoming royal baby? Lindsay Lohan’s sex life? X-Factor?