Monday, November 12, 2012

Who says there is no bipartisanship in Congress?

But with the composition of Congress largely unchanged, any tax hikes and spending cuts both will likely be far smaller than what each side might want.

"The split in Congress will force both sides to bargain,” said economist Paul Ashworth of Capital Economics. “We expect the Democrats to agree to extend the Bush-era (tax cuts) for higher income earners in exchange for Republicans agreeing to put off the spending cuts."
Read the rest here.

This is so depressing. Let's play another round of kick the can!

1 comment:

1389 said...

We are on the road to Zimbabwe.

This isn't partisan politics. It's simple mathematics.