|GOP CRAPS ON AMERICA|
Barring a miracle of bipartisan cooperation over the next 6 hours, the sequester — a series of across-the-board spending cuts — will kick in tonight.
Part of the Budget Control Act of 2011, the sequester will likely shave 700,000 jobs and 0.6 percent worth of growth off the economy. Its cuts were designed to be so crude and damaging they would incentivize all sides to replace it with more well-thought out deficit reduction.
But thanks to the GOP’s single-minded fixation on spending cuts over tax increases, that effort failed. Republicans spent the last two years treating every debate over the deficit as if it were occurring in a historical vacuum, accusing Obama of failing his own commitment to balance, repeatedly scoffing at new tax revenue, and insisting that “it’s finally time” to “get serious” about cutting spending, even as trillions of dollars in cuts mounted.
In short, the GOP has repeatedly thrown the spending cuts from each previous deal down the memory hole, [literally shitting on the country] demanding more and more while claiming that Obama and Democrats have unreasonably wanted to balance those cuts with new revenue.
All of this chaos and confusion can be boiled down to the GOP unwilling to increase federal taxes on millionaires, nor will they close tax loopholes, nor eliminate subsidies for the most profitable oil companies in the world. The rest of us are expected to bear the load as we carry the wealthy on our shoulders.
The entire American Taliban, today's worst humans on the planet earth!