Now that the election is over, those of us who try to discern the future via myopic readings of news events—as opposed to via objective analysis of quantitative data, like a jerk—have to find something new to conjecture about. Fortunately, by which I mean to our grave misfortune, there’s that fiscal cliff. If Congress does not reach a deficit-reduction agreement by the end of the month, it will trigger massive automatic cuts to domestic and military spending that coincide with the expiration of temporary tax cuts to wreck our economy. Or Congress can decide that won’t happen, since they’re the ones who put the sequester in place to begin with, but we’re going to pretend that’s not an option. They need to make a deal. What that deal might look like has gotten a little clearer, maybe, depending on how you read this.
Tag Archives: tax cut
Friday links! Richie Richer edition
God, I love it when Mitt Romney does things. Yesterday the presumptive Republican nominee went to London the way your aunt goes to a new Olive Garden: critically. While most of his remarks about the 2012 Olympics have been positive, he told Brian Williams that reports of logistical problems before the games were “disconcerting.” I hope you’re happy, Mitt Romney, because your wife’s horse is screwed now. Today is Friday, and rich people around the world will take a half day but get no less money. It’s a fantastic time to be wealthy, even if you are an asshole, and today’s link roundup is bedazzled with cash and anuses. Won’t you get it but not get it with me?