In the discussion thread: Democrats Declare Checkmate in Fiscal Cliff Debate [View all]
Response to AnotherMcIntosh (Reply #2)
Thu Dec 13, 2012, 10:17 PM
John2 (2,730 posts)
14. It want happen,
because the Republicans look like they want to go over the cliff, in order to protect tax cuts for the wealthy. We go over the Cliff and all the tax cuts will expire. The tax cuts for the wealthy will go up to the Clinton years. Everybody else's tax cuts will also return to the Clinton years.
Social Security, Medicare and Medicaid are not in the cuts. I think over 500 billion dollars of Defense cuts are there. The Democrats wanted to cut Defense any way. What is not in those cuts are benefits for veterans. Military weapon systems are in there, including base closings over seas and state side. That will hurt the military industry. The President and Defense Department get to choose those closings. That will hurt the economies of some Red States. I know North Carolina has several military bases and it will hurt Governor Elect Pat McCrory's first term, if he plans on turning around North Carolina's economy in his first two years. McCrory ran on cutting North Carolina's budget too. I don't know what he will do without Federal money. because those bases do help our economy. Not only this McCrory has plans to cut unemployment bemefits received from the Federal Government. So McCrory will fill the cuts, or either raise taxes, because nothing runs on air. People will probably move out of his state for better jobs. Maybe they will move to California, Ohio or Michigan even? I was thinking about moving out West, where there is more freedom. I just might move to Michigan and help those people get rid of Snyder in two years. I don't need a green card either. I was born and raised in the United States. I think the citizens in Red states will hurt mostly. They will miss that Federal spending by the time 2014. Those Governors will have to create some miracles with these cuts. I was also stationed in Huntsville Alabama once. The last time I was there, they had part of the NASA program there. I think they also had cuts for NASA in the sequestrian too. nASA just as well cut back their offices in Alabama. That is probably where the recession will hurt the most.
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|Dakota Flint||Dec 2012||#7|
It want happen,
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