I think I know what the grand bargain will be. Obama will be a hero to the left by marginally increasing taxes on the people who earn more than $250,000. Then you will cave on Social Security and Medicare while bragging about his dedication to progressive causes. Also, in the name of reforming taxes, he will close the loophole on tax breaks that the middle class relies on by, for instance current collecting taxes on medical insurance provided by employers.
-- Michael Perelman Economics Department California State University Chico, CA 95929 530 898 5321 fax 530 898 5901 http://michaelperelman.wordpress.com _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
