We have outlined that Obama does not want a Fiscal Cliff deal. Based on his placing landmines at each juncture in the so-called negotiations, Obama keeps moving the goal posts. The GOP has offered exactly the Tax deal Obama requested in 2011. Obama doubled it.
What appears to be happening is that Obama’s election has caused a severe blow to the Republican Party, Obama wants to cause maximum pain and is twisting the knife. Once America goes off the fiscal cliff, the political climate is such that Republicans will be to blame. Thus Obama’s failed policies will not be considered the reason for continued poor economic growth.
Obama’s tactics are compared to Nero burning Rome and Blaming the Christians.
House Minority Speaker Nancy Pelosi on Thursday dismissed out of hand the idea of raising the eligibility age for Medicare as part of ongoing budget talks, and said President Obama “shares our values” on that.
“As I have said, don’t even think about raising the Medicare age,” Mrs. Pelosi said at her weekly press conference. “We are not throwing America’s seniors over the cliff to give a tax cut to the wealthiest people in America. We have clarity on that. But again, on all these other things, go to the table and negotiate.”
In a recent interview with ABC News, President Obama acknowledged that raising the eligibility age from 65 to 67 is “something that’s been floated,” while adding that evidence is not clear that it will save a lot of money.
“But what I’ve said is let’s look at every avenue, because what is true is we need to strengthen Social Security, we need to strengthen Medicare for future generations, the current path is not sustainable because we’ve got an aging population and health care costs are shooting up so quickly,” Mr. Obama said.