Republicans have lost three major fights since 2009. They seem - TopicsExpress



          

Republicans have lost three major fights since 2009. They seem likely soon to lose a fourth—and all in the same way. The three previous losses (in case you’re feeling forgetful) were, in order: 1) The fight over Obamacare. Result: the most ambitious new social insurance program since Medicare, financed—unlike Medicare—by redistributive new taxes on investment and high incomes. (2) The 2012 election. Result: Despite the worst economy since the Great Depression, the reelection of President Obama, Democratic retention of the Senate, and 1.4 million more votes cast for House Democrats than for House Republicans. (3) The fight over the “fiscal cliff” at the end of 2012. Result: In order to preserve some of the Bush tax cuts, Republicans for the first time since 1991 left their finger prints on a tax increase for upper income groups.
Posted on: Tue, 08 Oct 2013 23:52:48 +0000

Trending Topics



Recently Viewed Topics




© 2015