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Cliff Notes: Pride and Prejudice

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Cliff Notes: Pride and Prejudice 

With the fiscal cliff just a few short weeks away and Congress planning to pack it in for the holidays before that, there isn’t much time to work out a deal. The current state of negotiations has involved each side blasting the other’s proposal and then reverting to politics as usual. The Wall Street Journal went so far as to compare the negotiations to Lindsay Lohan, not a good sign for the millions of Americans worried about a tax increase and the budget deficit which is still on pace to top $1 trillion.

NO GOOD FAITH NEGOTIATING AT THE MOMENT

No Progress Made In Averting Fiscal Cliff As Politics Trump Policy:

“The Fiscal Cliff Negotiations Are At Such A Standstill That Not Even Aides To President Barack Obama And House Speaker John Boehner (R-Ohio) Talked Tuesday.” (Jake Sherman et al, “The Fiscal Cliff PR War,” POLITICO, 12/4/12)

Obama And Boehner Not Planning To Meet Any Time Soon. “And the way the White House sees it, there won’t be further face-to-face talks between the two leaders until Boehner says he’s willing to raise income tax rates. If you believe Boehner’s leadership team, it’ll be a long December because he’s nowhere close to caving on raising rates.” (Jake Sherman et al, “The Fiscal Cliff PR War,” POLITICO, 12/4/12)

House Speaker John Boehner: “Right Now I Would Say We’re Nowhere. Period. We’re Nowhere.” (Greg Clary, “Boehner ‘Flabbergasted’ At Fiscal Cliff Proposal,” CNN.com, 12/2/12)

Politics Trump Policy With Each Side Mocking The Other’s Proposal:

“The Fight Right Now Is All About Politics, Not Policy.” “In this high-stakes battle over trillions of dollars in budget cuts and tax increases, the lack of any visible movement shows the fight right now is all about politics, not policy. Obama and Boehner are locked in a struggle for public opinion, the weapon that provides the upper hand in the negotiations.” (Jake Sherman et al, “The Fiscal Cliff PR War,” POLITICO, 12/4/12)

  • “Press Secretary Jay Carney Ridiculed Boehner’s Proposals As ‘Magic Beans And Fairy Dust.’” (Jake Sherman et al, “The Fiscal Cliff PR War,” POLITICO, 12/4/12)
  • “Boehner Said He Was Shocked At Geithner’s Proposal To Republicans Last Week. ‘I Was Flabbergasted. I Looked At Him And I Said, “You Can’t Be Serious.” I’ve Just Never Seen Anything Like It,’ Boehner Said.” (Greg Clary, “Boehner ‘Flabbergasted’ At Fiscal Cliff Proposal,” CNN.com, 12/2/12)

The Wall Street Journal: “If the fiscal cliff talks make Lindsay Lohan look like a productive member of society, perhaps it’s because President Obama and John Boehner are playing by the dysfunctional Beltway rules.” (Editorial, “The Budget Baseline Con,” The Wall Street Journal, 12/4/12)

WILL POLITICS TRUMP THE AMERICAN PEOPLE?

Some Including The White House Willing To Go Over The Cliff For Political Reasons:

White House Willing To Go Over Fiscal Cliff To Prove A Point. “It may be just a bluff or a bargaining ploy, but the White House is signaling that President Barack Obama is willing to let the country go over the ‘fiscal cliff,’ a hard-line negotiating strategy aimed at winning concessions from Republicans on taxes.” (Julie Pace, “Obama Could Risk Going Over Cliff,” The Associated Press, 12/5/12)

“Call Them The Cliff Jumpers. A Growing Bloc Of Emboldened Liberals Say They’re Not Afraid To Watch Defense Spending Get Gouged And Taxes Go Up On Every American If A Budget Deal Doesn’t Satisfy Their Priorities.” (Seung Min Kim, “Fiscal Cliff: Will They Jump?” POLITICO, 11/25/12)

“Ending The Year Without A Deal Could Roil Financial Markets And Dent Consumer Confidence Just As The Economy Is Strengthening.” (Julie Pace, “Obama Could Risk Going Over Cliff,” The Associated Press, 12/5/12)


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