The “fiscal cliff” is an artificial crisis created by Congress as a ploy to dismantle the safety net programs the American people have built up and relied on for generations. In their own words, corporations want to “use the fiscal cliff as an opportunity” to push for tax cuts for themselves and benefit cuts for the rest of us.
Although the “fiscal cliff” is allegedly about the federal budget deficit, many proposals actually under discussion show that it has nothing to do with the deficit whatsoever.
For one, President Obama proposed a so-called “chained CPI” formula that would cut Social Security benefits, especially for the poorest and most elderly. Social Security currently runs a 2.7 trillion dollar surplus, is a separate fund that by law cannot increase the deficit, and in fact has never contributed a penny to the deficit in its entire 77-year history.
How bad does it have to get before the liberal web gives up on the Democratic party and turns Green?