Wednesday, December 12, 2012

The Republican answer to the Fiscal Cliff

The arguments in the press are pretty simple. The Republicans are going to have to give up something. Higher taxes for the rich, and several other things they object to. After all, Obama won.

So if you're going to surrender, don't debate the specifics of what you're going to do. Just give up.

House Republicans, pass a bill giving the President four years of the following. Tax rates at any level he decides to set them at. Let him raise taxes to any rate, on any income group he desires. Let him close whatever loopholes he feels are ill advised. Let him unilaterally raise the Debt Limit another three trillion dollars. Since you won't demand a budget anyway for fear of shutting down the Government, and being blamed for it, give him the right to budget anything, anyway he wants.

Limit the unilateral dictatorial powers this way. At the end of the four years, unless Congress votes to maintain the rate set by the President, they return to the tax rates effective right now automatically. The President can not create new tax loopholes or exemptions, and the debt limit may not be raised again before January 2017. Finally, make it possible for Congress to over-rule him only with a 2/3 majority veto. If through some miracle, for the first time in history, someone is taxed into prosperity, then Obama is a hero.

Then Obama can't blame us for the economy. He can't blame us for the budget problems, he can't blame us for the debt. He can't blame anyone but himself. When the President complains about Republicans and the economy, hold up your hands and point to the unilateral power the President has.

There is no saving the beast. Nobody is going to reduce spending. Even Romney wouldn't have. So out of control spending will continue. Nobody is going to seriously fix the budget, and the economy will suffer from higher taxes.

The debate has been lost, because nobody is listening to common sense. Like children who are told of a boiling pot, the people are going to have to learn that there is no such thing as a free lunch by getting burned. And this way, the one doing the burning is the savior, President Barack Obama. Children learn what hot is by touching the pot and thereby satisfying their curiosity. They're going to have to learn that Socialism sucks the hard way as well.

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