Eat the Rich
The tax hike on the rich to avoid the fiscal cliff will bring in 60 billion dollars. This year’s deficit is a trillion dollars. The president doesn’t want to cut spending. Stay tuned.
Fiscal Sacrifice
The president came to Washington, demanded shared sacrifice, got his fiscal cliff deal and returned to Hawaii. According to Bloomberg taxes will go up for 77.1 percent of American families. The Congressional Budget Office says the deal will cost $4 trillion over the next decade. Spending cuts? … Maybe later. Kevin O’brien has a nice rant about that here.
The 2012 Year In Cartoons
I think of Bokbluster as a cartoon wormhole into the news. Here’s a worm’s eye view of the 2012 year in cartoons.
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