In the negotiations over the financial cliff, many people intend the House Republicans are inwards a tough spot. The logic is that they have niggling leverage, because they confront alone 2 choices:
A. Concede to close of the president's demands.
B. Take the economic scheme over the cliff, as well as larn blamed for it.
As a result, the logic goes, they volition end up doing A, because B is as well as then much worse.
Keith Hennessey points out that at that spot is also option C: Extend the taxation cuts, except at the top, for i year. Apparently (and I was non aware of this), Senate Democrats passed a neb doing just this dorsum inwards July. If the House passes it now, it goes to the President's desk, as well as he would have a difficult fourth dimension vetoing it.
This is non groovy policy, equally it sets upward roughly other financial cliff i twelvemonth from now, as well as it does non address all the spending cuts that are purpose of the financial cliff. But from the Republicans' quest of view, it may hold upward meliorate than either Influenza A virus subtype H5N1 or B. Keith argues that the ability of Speaker Boehner to autumn dorsum on this choice should give him to a greater extent than bargaining might as he negotiates amongst the president. That is, because the president won't similar choice C either, the possibility that it could occur may brand him to a greater extent than willing to compromise. From the president's perspective, it is meliorate to make concessions today than having to exercise this whole fiscal-cliff thing i time again a twelvemonth from now. Sumber https://gregmankiw.blogspot.com/
A. Concede to close of the president's demands.
B. Take the economic scheme over the cliff, as well as larn blamed for it.
As a result, the logic goes, they volition end up doing A, because B is as well as then much worse.
Keith Hennessey points out that at that spot is also option C: Extend the taxation cuts, except at the top, for i year. Apparently (and I was non aware of this), Senate Democrats passed a neb doing just this dorsum inwards July. If the House passes it now, it goes to the President's desk, as well as he would have a difficult fourth dimension vetoing it.
This is non groovy policy, equally it sets upward roughly other financial cliff i twelvemonth from now, as well as it does non address all the spending cuts that are purpose of the financial cliff. But from the Republicans' quest of view, it may hold upward meliorate than either Influenza A virus subtype H5N1 or B. Keith argues that the ability of Speaker Boehner to autumn dorsum on this choice should give him to a greater extent than bargaining might as he negotiates amongst the president. That is, because the president won't similar choice C either, the possibility that it could occur may brand him to a greater extent than willing to compromise. From the president's perspective, it is meliorate to make concessions today than having to exercise this whole fiscal-cliff thing i time again a twelvemonth from now. Sumber https://gregmankiw.blogspot.com/
