“It’s an important first step to ensuring that as a nation we live within our means, yet it also allows us to keep making key investments in things like education and research that lead to new jobs and assures that we’re not cutting too abruptly while the economy’s still fragile,” President Obama said in a statement from the White House Rose Garden before signing the bill.
Harry Reid Said the following:
“There’s one winner throughout all of this and that’s the American people,”
And Tim Geithner had this to say:
“You’re going to see this basic underlying growth we’ve see in the United States improve over time because people will be more confident we can live within our means,” he said. “With more confidence we can get our arms around this long term. We will have more room to do the things we need to strengthen investment jobs now.”
So my question to the media is this: Harry Reid celebrated this agreement, Tim Geithner likes it, Nancy Pelosi voted for it and The President signed it. Yet now this deal is responsible for a fiscal cliff that is apparently a disaster for all America.
And moreover, the MSM is laying the blame for said potential “disaster” squarely at the feet of the same GOP who the very same media urged to make the in 2011.
Even more amazing this very same media is telling the very same GOP to make another deal, or ELSE face the consequences.
So to summarize:
Last year The Budget Control Act of 2011 was a bi-partisan success that Nancy Pelosi found voteworthy and Harry Reid, Tim Geithner and President Obama could rightly take credit for to media cheers
This Year that same deal is the cause of a fiscal cliff and if the GOP doesn’t do something to stop it they will be responsible for unless they give President Obama what he wants.
Good to be reminded that the agreement that is leading to the so-called fiscal cliff was celebrated as a bipartisan victory just 16 months ago. If there is any blame to be laid, it is shared equally by all in Washington. However, I think cutting back the budget (and raising taxes) is exactly what everybody has been saying needs to happen. It’ll hurt, sure, but — and here’s the important part– this scaaaarry cliff is still not enough to keep us out of fiscal ruin.
“The current deal to raise the debt ceiling doesn’t stop us from going over the fiscal cliff,” Senator Rand Paul, Republican of Kentucky, wrote Monday in an open letter explaining his opposition. “At best, it slows us from going over it at 80 m.p.h. to going over it at 60 m.p.h..”
All things considered, I’m not going to freak out over the hyperbole of the “fiscal cliff”. It’s largely a media hyped event that is designed to fool those with short attention spans into believing what they want us to. Just watch facebook a month from now if nothing is done. Everybody will be flinging blame and tossing around pithy statements, all while forgetting that people welcomed this agreement 16 months ago. Sheesh, people. Time to pay the piper already.