A majority of Americans lack faith in the Federal government’s ability to come to an agreement that will not hurt pocketbooks throughout the Nation as the fiscal cliff drama continues.
A poll conducted by The Hill indicates that 58 percent of people have don’t believe Washington will reach a solution to the government’s tax and spending problem by Jan. 1. Only 39 percent of respondents were confident that the government can reach a deal that would halt the looming $500 billion tax increase and simultaneous $109 million government spending cut.
Respondents to the poll, despite their lack of faith in government, said 50 percent of the time that it would be better for lawmakers to reach a long-term solution than simply coming up with a short-term quick fix.
Judging from recent talks between President Barack Obama and Republican Speaker of the House John Boehner, Americans can expect a tax increase in one form or another.
Former Libertarian Presidential candidate Gary Johnson explains in a recent address to supporters:
Here is how the charade is playing out: President Obama is demanding that the so-called Bush tax cuts be allowed to expire for what he calls the wealthy to produce $800 billion in more “revenue” for the government. In what only a politician could call a negotiation, the Republican Speaker of the House has countered with an offer to – you guessed it – raise revenues (taxes) by $800 billion.
If this wasn’t so serious, it would be laughable.
The only difference between the two “sides” is what they want to call their plan for the government to suck almost another trillion dollars out of the private economy to finance their wars, their take-over of our health care, and the never-ending erosions of our freedom.
With just three weeks left until the Nation tumbles over the fiscal cliff, political posturing continues to dominate the negotiations. This week, the President is continuing to hold campaign-style rallies to get Americans on board with his tax-the-rich message.