'Fiscal Cliff' Obscures Lack of Shared Sacrifice
The pressure is growing in the face-off over the so-called "fiscal cliff" in
The press tends to cover this as a showdown, speculating on who will blink first. But this is not a game. Real lives and real pain are involved.
For example, Republicans are demanding that to get any increase in revenue to bring down deficits, Democrats have to agree to cut
Why is it "balanced" to cut programs for the most vulnerable Americans in exchange for closing some loopholes in the tax code? (Republicans still object to raising tax rates on the rich. They might agree to more revenue, but only by going after tax deductions). We have the most extreme inequality since the Gilded Age. The richest 1 percent have as much wealth as 90 percent of Americans. Top tax rates have been coming down since Reagan.
On the other hand,
This is a classic case of what we used to call "ham-and-egg justice."
The chicken and the sow are asked to contribute to breakfast. The hen lays an egg and keeps on moving. But the sow is forced to give up a leg. That isn't balanced and it isn't just.
Underneath these high-profile issues are real concerns that are getting too little attention.
First, pay attention to what it is not on the table.
More than 20 million people are still in need of full-time work. The president has asked for
Second, pay attention to what the lobbies are pushing in the back rooms.
For example, a group of CEOs has joined in a campaign to "Fix the Debt." They say they want to reduce deficits and call for
more revenue (but not higher top-tax rates) and cuts in
That isn't shared sacrifice; that's just shameless.
Read the latest political news.
- Snake-Oil Deficit Savings
- The Fiscal Hoax
- Fiscal Cliff 'Grand Bargain' May Be Anything But
- Dodging the Fiscal Swindle
- Brain-lock Inside the Beltway
- Obama's Own Cliff
- 'Fiscal Cliff' Obscures Lack of Shared Sacrifice
- The Fiscal Cliff: False Fears and Horrors
- Taxpayers, Revolt!
- Republicans: The Party of No
- For Pete's Sake, What's Happened to Our Democracy?
- Let Obama be Obama
- Ascendant Hillary Clinton
- Right, Left Get Along -- Outside Washington
- If, At First, You Don't Secede...
- Republican Problems are About More than Just Packaging
- Marco Rubio: A Hispanic Reagan?
- Obama Needs a Family Plan
- An Unsightly Scrap Over Cabinet Nomination
- Throwing Rice: A GOP In-Crowd
- The Decline of Moderate Republicanism
- To Appeal to Black Voters, GOP Must Run Gauntlet of Racism Accusations
- BP is Not a Criminal
- When the Curtain Rises
- Mitt Romney's Own Gift
- The 'Land of Opportunity' is Becoming Hollywood Fiction
- Corporate Bosses Gone Berserk
- The Trojan Horse in the Debt Debate
- The Real Problem with Military Spending
- Without Unity, We'll Tumble Over the Fiscal Cliff
- The Classy Election of 2012
- Karl Rove: The Biggest Loser in Politics
- Will the Supreme Court Dismantle the Voting Rights Act?
- The Pollution of Political Discourse
'Fiscal Cliff' Obscures Lack of Shared Sacrifice | Politics
(c) 2012 Tribune Media Services, Inc