posted on Nov, 16 2012 @ 03:29 AM
During a speech today in Washington D.C., AFL-CIO President Richard Trumka called the looming debt disaster a "manufactured crisis" and said
"there isn't a fiscal cliff."
He apparently thinks the massive tax increases for the middle class and "the rich" won't really affect much of anything !!!
Well IMO, this may be part of the Democrat strategy to let the old "Bush tax cuts" expire, and have the agreed to spending cuts take effect in
January, and let the economy have bad consequences like a recession and higher unemployment.
The main goal IMO, is to set up the classic "blame game" aimed at Republicans and boil the stew to capture a House majority and keep the Senate
majority in the 2014 elections.
They will do everything possible to eliminate any checks & balances that still exist in Congress.
We already know that tax increases on "the rich" and/or the middle class won't put a dent in the national debt, and it sure won't curb the wild
But then again, I'm not really sure what Mr. Trumka was talking about !!
source 2 with more details
"There is no fiscal cliff," Trumka says in prepared remarks to the National Mediation Board Conference in Washington on Thursday. "What we’re
facing is an obstacle course within a manufactured crisis that was hastily thrown together in response to inflated rhetoric about our federal
I have yet to hear any suggestions from Washington about placing a spending limit based on revenues.....has anyone said that ?