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December 13, 2012

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I would pat myself on the back for coming to a similar conclusion once it became clear the Republicans would retake the House but the math was pretty simple on this one. still the republicans won't be able to weasel out of the legislation that will mitigate the damage caused by lurching over the fiscal speed bump. If they want to hold the inevitable proposal to re-institute the middle class tax cuts hostage to securing the high end ones I would encourage them to do so. We'll see whose switch board lights up with the most irate constituents. The longer they drag it out the more perfectly it will be set in the public mind. If they do pass it then the fiscal bump won't be all that noticeable and something that needed to occur will occur: defense spending cuts.

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