UnThreaded | Threaded | Whole Thread (18) | Ignore Thread Prev | Next
Author: cjb44 Big funky green star, 20000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1961196  
Subject: Re: With Seconds on the Clock Date: 12/31/2012 11:21 AM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 0
At this stage of the game, we need a "stop gap" measure. There is NO WAY that the complexities of cuts in things like Medicare can be negotiated in a few hours.


But it's not a few hours, it's been over a year. The reason we are at this point is because of several stop gaps. They could pass Simpson/Bowles, the Ryan Plan, the Obama Plan, Plan B, the Senate verison, the House verison or tweak any of them in about 30 seconds.

This isn't new or a surprise. A stop gap is just kicking the can down the road again.

It's not as complex as you think, and these guys have been dealing with this for a long time. It's just a question of will Obama agree to any cuts because clearly if he does the votes are there for tax increases.
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (18) | Ignore Thread Prev | Next


Pencils of Promise - Back to School Drive
"Pencils of Promise works with communities across the globe to build schools and create programs that provide education opportunities for children."
Managing Your Wealth
Our own TMFHockeypop from Rule Your Retirement fame on the TV show Managing Your Wealth.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.