Patty Murray says 'jump off the fiscal cliff'

Maybe she'll change her mind when unemployment is up in the double digits, tax recipts are lower, and GDP is in the minus range......but I doubt it.

Unless she buys into the Cloward–Piven strategy then its all perfectly fitting together.

This isn't encouraging. Looks like the fiscal cliff isn't the only thing to worry about


The Fiscal Cliff is a Mole Hill Compared TAG Program Expiry

When the unlimited insurance expires, corporations, businesses and depositors -- whose soon- to- be- uninsured deposits, which total some $1.4 trillion, are likely to flee smaller banks -- will rush into money market funds and seek the safety of short-term U.S. Treasuries.

This will create serious negative repercussions affecting our economic future.

We all know the saying," from each according to his ability, to each according to his needs."The United States has taken a mighty step towards turning this principle into practice. There are people over on one side who have all this income, and there are people on the other side who have all those needs. And while there is an overlap between the people with income and the people with needs – pretty well most of the reason for earning an income is to satisfy those needs – not all the people with needs have incomes, or at least not incomes high enough to suit them.
But every one of those people with needs but not enough income does have something else, a vote. So there is to be a new principle, call it the Obama Principle, which is a little like Marx’s original principle. Now we have: From each according to his ability, to each according to his vote. Majority rule, right? That “narrow horizon of bourgeois right” can now be crossed in its entirety. This “abundant co-operative flow of wealth”, which you didn't build anyway, has indeed come into existence.Irrespective of how it got here,If we don't do something, that wealth is Obama’s to distribute as he sees fit.

A nice problem to have...

Dems win big on the "fiscal cliff", automatic tax hikes, automatic spending cuts to everything but the welfare state, and the Republicans get all the blame for the disaster because they wouldn't fold like card tables to reach a compromise... It's a Leftist wet dream.

You ended that sentence with a preposition...

Seriously, where's the downside for Dems? Depression means more people need government assistance, that equates to more people voting democrat to keep the gravy train flowing because those evil-heartless Republicans are the ones who want to kill the welfare state and leave people to die in the streets.

There's also all the new "emergency" spending that would come with a depression. Their Keynesian economic model calls for the dems to create massive slush funds that they can then use to shower their political cronies with tax payer money which comes right back to the DNC in the form of campaign donations. So...

Where's the downside for Dems?

You're not thinking like a Democrat... Ignore reality and ignore history. Live in an insular world where every problem can be blamed on Republicans, a world where the proletariat ignores your own corruption and incompetence, and live in a world where you will always be seen as the super-hero's of government ready to ride to the rescue of the oppressed masses. No downside.

Wouldn't inflation kill them? I think that's the smoke and mirrors game they are playing with QE 1, 2 & 3