By MARSHA MERCER
Psychologists reject the popular definition of insanity
as doing the same thing over and over and expecting different results. Insanity
is just a legal term, they say.
Fine, but they should hang around the nation’s
capital. It doesn’t take a Ph.D. to see we’re living in a nutty time.
We just endured a $6 billion election – the costliest
in American history – that failed to reset Washington. For the last two years,
as gridlock reigned, people kept saying “after the election, after the election...”
Finally the election came and went and we still have
the same key players in the White House and Congress. We hear talk of
compromise, but at both ends of Pennsylvania Avenue the players seem to be
digging in their heels, saying many of the same things about the same looming
problems as they did before voters went to the polls.
One big difference now: Time is running out to fix a
fiscal crisis that could plunge the country back into recession and bring
misery to millions. Unless President Barack Obama and congressional Republicans
agree soon on a deficit reduction plan, a package of $500 billion in tax increases
and spending cuts will kick in automatically in early January.
Obama is sticking to his campaign pledge to raise
the income tax rates on the top 2 percent of individuals and top 3 percent of
businesses. That’s what the election was about, he says, and he won. He’s
right.
Election Day exit polls found that 47 percent of
voters approved of raising taxes on people with incomes above $250,000, as
Obama proposes, the Associated Press reported. Only 35 percent wanted no tax
increases for anyone and 13 percent favored higher taxes for all.
But Obama can’t go it alone. He must enlist balky
House Republicans. House Speaker John Boehner, R-Ohio, says Republicans flatly refuse
to raise tax rates. They favor closing tax loopholes and limiting deductions,
which Democrats won’t raise enough revenue.
There was a glimmer of rationality after Obama’s first
post-election news conference. The president seemed open to a smaller increase
in tax rates on high incomes than he had called for previously. Boehner seemed
to suggest the possibility of a deal, but other Republicans were dismissive. We’ve
been down this road before, when Obama and Boehner failed to agree on a “grand
bargain” last year.
Speaking of insanity, almost every Republican member
of Congress has signed the no-new-taxes pledge championed by Grover Norquist,
founder and president of Americans for Tax Reform.
“The problem is too much spending,” Norquist declared
on CBS the other day. “The problem is not that the peasants aren’t sending
enough money to Washington.
But it’s not the peasants who would send in more
money; it’s the princes.
Anyone who would like to see
Washington work for a change hopes that Norquist’s influence is waning. But Americans
for Tax Reform just poured nearly $16 million into the general election
campaign, according to an analysis by the Sunlight Foundation.
The Taxpayer
Protection Pledge obliges signers to oppose any effort to increase marginal tax
rates or to reduce tax deductions and credits, unless matched dollar-for-dollar
by further reducing tax rates.
I’d like to say that Americans trust Obama and
Congress to do their jobs and steer the country away from the fiscal cliff. Alas,
no.
About half of us expect that the two sides will not
reach agreement, and only 38 percent think they will, a post-election survey by
Pew Research-Washington Post found.
The poll shows how little faith people have that
Washington can function. Still, failing to reach a deal could prove risky to
Republicans’ political health. Asked who would be to blame if no deal is
reached, 53 percent said congressional Republicans and only 29 percent said
Obama.
Congress and the president need to do their jobs. Anything
less is insanity.
©2012 Marsha Mercer. All rights reserved.
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Excellent job Ms. Mercer. The congress and the president need to reach an agreement on taxes and spending in order to deal effectively with the 16 trillion debt. Your topic is timely and your treatment is balanced. I am confident the powers that be will avoid the fiscal cliff, but I am less sanguine about their dealing effectively with the debt.
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