POSTED BY ORHAN
So Obama offers a debt deal to the Republicans: he’ll cut Social Security and Medicare. In exchange, the Republicans will, maybe, allow the Bush tax cuts to expire. Or hike some other taxes; whatever.
Now the Republicans are saying no deal, they’ll only accept spending cuts; they’ll cut Social Security and Medicare, plus keep the Bush cuts, but deep-six the tax hikes.
So, let’s see, that means if Option 1, the Democratic plan, had been accepted, the rich would have been back to where they were under Clinton, and the poor and middle would have been worse off. But if Option 2, the Republican plan, is enacted, the rich will keep what they got from Bush, and the poor and middle will be worse off.
What can we say about America’s future from the horns of this little dilemma? If it plays out the way the health care farce did, we can make a few predictions:
The Tea Party will be left swinging in the breeze. The folks who screamed, “Keep your hands off my Medicare!” are about to have their Social Security and Medicare seriously FUBARed. Even the most hardcore non-rich Tea Partier will realize sooner or later there’s nothing here but, as the song says, the promise of an early death.
The Democratic base will be left swinging in the breeze, after having its veins opened, its throat slit, and a dagger slipped between its ribs. The new default “far left” bargaining position will start with Social Security and Medicare cuts. Obama will initiate his trademark “compromising” from there. Predicting which once-sacrosanct progressive program he’ll negotiate away next will be all the rage in DC.
Mainstream middle and working class Republicans will be left swinging in the breeze; it’ll just take them a while to figure it out. Sooner or later the most diehard trickle-down true believer will realize the upcoming corporate cash infusion (via “amnesty” or any other method) isn’t going to create any jobs for Americans, other than the corner-office and lobbying jobs for the politicians who sold us all down the river; but CEOs will no doubt receive some kickass bonuses over the next few years.
Life is about to get one hell of a lot harder for most Americans. Thanks to Democrats. And Republicans.