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Monday, Nov. 12, 2012 | 2:02 a.m.
To say the obvious: Democrats won an amazing victory. Not only did they hold the White House despite a still-troubled economy, in a year when their Senate majority was supposed to be doomed, they actually added seats. Nor was that all: They scored major gains in the states. Most notably, California — long a poster child for the political dysfunction that comes when nothing can get done without a legislative supermajority — not only voted for much-needed tax increases, but elected, you guessed it, a Democratic supermajority. But one goal eluded the victors. Even though preliminary estimates suggest that Democrats ...
Paul Krugman is a columnist for The New York Times.
Dr. Krugman is still deluding himself. Not just in economics with his insistence on keynesian theories but his account of the election results. We got a divided government. Same before and after the election. Nothing changed. Obama is a lameduck president. He's got a republican controlled House. He can't do a thing without the House on board with him. And he's got to work to get it.
CarmineD
A nation with newly recognized great wealth of natural gas, along with high petroleum output and low taxation is in position to successfully address it's debt!
I recognize the current media blitz regarding the fiscal cliff as an end run play to once again attack entitlement programs and inspired by those who can't accept defeat.
Things to do list for Congress:
1. Thanksgiving recess.
2. Christmas recess.
3. Thelma (Boehner) and Louise (Reid) drive the
congressional clown car off the fiscal cliff.
Carmine: Obama can "do a thing without the House on board". He can do exactly what the letter writer says. Let us go off the cliff, then implement tax cuts for the middle class. Obama doesn't need the house this go-round. Obama will get exactly what he wants with or without the Repubs. It is pure fantasy to believe Repubs can control this particular situation.