Programming notes

*** Monday’s “The Daily Rundown” line-up: A deep dive into the consequences of a fiscal cliff plunge and who really wants it with FreedomWorks’ Matt Kibbe… Understanding Republican opposition to ratifying a U.N. treaty to help people with disabilities and the bipartisan group hoping to overcome it with Ted Kennedy Jr. and former Attorney General and Gov. Dick Thornburgh (R-PA)… The New York Times’ Jeff Zeleny, the Chicago Tribune’s Clarence Page, and Republican pollster Kristen Soltis on the fiscal fight forecast.

*** Monday’s “MSNBC Live with Thomas Roberts” line-up: MSNBC’s Thomas Roberts interviews Rep. Allyson Schwartz (D-PA), Washington Post Columnist Dana Milbank, Kerry Kennedy, and former State Dept. Officer Joel Rubin.  Today’s Power Panel includes:  TheGrio.com managing editor Joy-Ann Reid, Republican strategist Susan Del Percio and Democratic strategist Blake Zeff.

*** Monday’s “NOW with Alex Wagner” line-up: Alex Wagner’s guests include former RNC Chairman Michael Steele, Fortune Asst. Managing Editor Leigh Gallagher, The New Republic Editor Franklin Foer, Rolling Stone Executive Editor Eric Bates, and Singer/Songwriter/Entertainer Andrew W.K.

*** Monday’s “Andrea Mitchell Reports” line-up: NBC’s Andrea Mitchell interviews the Washington Post’s Chris Cillizza, former U.S.Treasury auto adviser Steve Rattner, former Congresswoman Jane Harman, Rep. Sander Levin (D-MI), Plantiffs in the ACLU women in combat lawsuit Zoe Bedell and Ariela Migdal and Jazz musician Wynton Marsalis

*** Monday’s “News Nation with Tamron Hall” line-up: MSNBC’s Tamron Hall interviews Democratic strategist David Goodfriend, RealClearPolitics’s Erin McPike, Time Magazine’s Jim Frederick and Edge of Sports’ Dave Zirin.

Discuss this post

The so-called 'Fiscal Cliff' is nothing more than austerity, and history shows that the sooner that you implement austerity measures when the debt gets out of control, the less painful it will be in the long run.

Besides, letting the tax cuts expire merely returns the tax rates to those under Clinton, when everyone said they were 'fair'. And the beauty of letting them expire is that it requires the President and Congress to do what they do best - NOTHING. The change is automatic.

As for the cuts in spending - they only remove the huge increase in spending under Obama and return the spending to where it was in 2008 - under that 'big-spender' Bush.

  • 2 votes
Reply#1 - Mon Dec 3, 2012 10:19 AM EST

What huge increase in spending under Obama?

  • 5 votes
#1.1 - Mon Dec 3, 2012 10:30 AM EST

History is full of examples of austerity measures killing economic recovery. One that springs to mind is when Japan decided to lower it's debt too soon after it's economy began to improve, sending it back into recession.

  • 6 votes
#1.2 - Mon Dec 3, 2012 10:38 AM EST

As for the cuts in spending - they only remove the huge increase in spending under Obama and return the spending to where it was in 2008 - under that 'big-spender' Bush.

==================

These statements are the problem with folks....all talk. The President is spending less than the initial budget that started his Administration. Say what you want, President Bush was a big spender relative to the budget he walked into the Oval Office with in 2000 and say what you want but President has reduced Federal spending relative to the budget he walked into Oval Office with in 2008.

  • 3 votes
#1.3 - Mon Dec 3, 2012 10:49 AM EST

blearyeyed "What huge increase in spending under Obama?"

Spending for fiscal 2008 = $2.98 Trillion.

Spending for fiscal 2009 = $3.52 Trillion.

And please spare me the '2009 was Bush's Budget' nonsense because the Democrats controlling Congress never gave Bush a Budget to sign or veto - The 2009 Budget was signed by Obama - after he took office.

  • 5 votes
#1.4 - Mon Dec 3, 2012 10:56 AM EST

Before September 2008. Deficit spending amounted to 250 Billion.

Tarp blew a hole in the budget by 786 billion. Everyone said we needed to spend this to "keep the wheels from coming off".

Obama continues to spend this amount for the next 4 years.

And "some" people don't understand that Obama is overspending?

If only "some" people would look a little more into what is going on, instead of just believing what they read. Do your "homework", your "future" depends on it.

Stop blaming, and start cutting the size of Government.

We borrow 46% of the Federal Budget.

Government spends too much.

Everyone depends on the Federal Government for everything.

It never used to be that way.

"You owe me", "I'm entitled", "I want me share",

The system WILL collapse. Too many people like receiving "things" they didn't pay for.

And "someone" likes to play Santa Clause. Just remember: " Someone has to pay". And since taxing the "rich", is just a false joke (Taking ALL of the 2% money funds the Government for 111 days),

WE are our own worst nightmare.

    #1.5 - Tue Dec 11, 2012 12:31 PM EST
    Reply

    Roy, I agree with you, let the country go over the cliff. It just returns American to a place it was 12 years ago when Clinton offered a country that had a balanced budget, was at peace, and working. Plus the republicans will take the blame for the pain which will bring people out to vote in 2014 and continue the purge of tea bag congress people. America will move forward despite the republican strategy of not doing anything to improve the lot of working people. Republicans out, Democrats in. Good job republicans.

    • 4 votes
    Reply#2 - Mon Dec 3, 2012 10:52 AM EST

    John in Battle Creek

    Roy, I agree with you, let the country go over the cliff. It just returns American to a place it was 12 years ago when Clinton offered a country that had a balanced budget, was at peace, and working.

    REALLY?

    America was at peace? If you recall, when Clinton was in office, Al'Qaeda was at the peak. US Embassies were constantly under attack, the dead bodies of US Military men were dragged naked through the streets of Mogadishu, and bin Laden was planning and executing multiple terror attacks on the World Trade Center.

    Yeah... times were just as peaceful as they could be under Clinton.

    • 1 vote
    #2.1 - Mon Dec 3, 2012 1:05 PM EST
    Reply

    $1.6 trillion in increased taxes and revenues, $400 to $600 billion in spending cuts, and the essential end of Congress’ control over the debt limit

    Do you think this could be the reason why they are holding out

    • 3 votes
    Reply#3 - Mon Dec 3, 2012 11:10 AM EST

    "1.6 trillion in increased taxes in revenues" is a Fox fact and not reality. The fact is Obama has offered 4 trillion in cuts and taxes with 1.3 trillion being the taxes collected on those that can afford it most. As far as your figures they include fantasy taxes associated with Obama care and it just isn't true. Grover tried the same lie on TV yesterday and the pundits didn't even challenge him. But those figures are lies.

    • 4 votes
    #3.1 - Mon Dec 3, 2012 11:31 AM EST
    Reply

    seems like every one has their or a shared opinion of what is the truth, it's very true that bush was a big spender, indeed he was but Obama has taken spending to a new level, and it's not just spending, it's free stuff and more so called benefits to any one who feels that they are entitled to a free ride, so what is the truth to Obama an his spending spree, it's the transformation of this country to a socialistic, some what Europe like in it's treatment of it's inhabitants, Obama has a mixed message of he cares for the voters but if you see what is happening to the prices of just about everything is going up & so is every ones taxes, so who is bullsh*tting who ? Obama is pulling a fast one, it's not what he says it's what he is doing behind closed doors, the man speaks with two tongue's one for show & one for go.

      Reply#4 - Mon Dec 3, 2012 3:08 PM EST
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