It’s especially noteworthy that the sentiment reflected in the headline above is not exclusive to Democrats and political independents.
The details are HERE:
President Barack Obama won the public argument over taxes so decisively that almost half of Republicans now say he has an election mandate to raise rates on the rich.
Majorities of about 2-to-1 also read the election results as an endorsement of Obama’s pledge to protect Social Security and Medicare benefits, according to a Bloomberg National Poll of 1,000 adults conducted Dec. 7-10.
And Obama confronts his first post-election test — negotiations with Congress to avert a slate of automatic tax increases and spending cuts in January that have become known as the so-called fiscal cliff — with his highest level of public support since his first year in office.
(Snip)
A 54 percent majority say the president’s recent meetings with corporate chief executive officers show he is “genuinely interested” in working with them rather than an attempt to “score political points.”
Fifty-four percent of Americans say he’s struck “about the right balance” in his relationship with business, while 33 percent say he is too anti-business and 6 percent view him as too pro-business. A 65 percent majority of Republicans say Obama is too anti-business.
The president goes into talks with Republicans amid broad public sentiment that his victory is a sign the electorate has spoken in favor of his positions on taxes and entitlements.
Sixty-five percent of Americans say the Nov. 6 results gave Obama a “mandate” on his proposal to raise tax rates on income over $250,000 and “to get it done.” Forty-five percent of Republicans agree.
And he will.
And it won’t solve our problems.
I hope he thinks the public has also given him a mandate to grow the economy and get the federal budget deficit under control.
Poor doc labors under the mistaken assumption that government austerity will grow the economy.
The American experience of the last 80 years belies that notion, and the Europeans have been learning the hard way that it doesn’t work for them either.
Paul Krugman has been right about this all along.
1. Most Americans apparently don’t realize that only taxing the rich does very little to solve our fiscal issues.
2. Government austerity does work. Krugman is wrong. If he is so bright why doesn’t he get a job in government? Oh, yeah. Because he’s a hack. He won an award at a young age based on a topic that has little relevance to today’s economy from his Socialist peers. Even Timothy Geithner knows that the Bush tax cuts worked, and there are government documents to prove it. Read the link for more info..
http://spectator.org/archives/2012/12/11/obama-scam-admitted-bush-tax-c
Poor Pat labors under the assumption that we can keep printing and borrowing money to fund an ever enlarging federal government.
The bill comes due eventually and it will have to be paid.
Just because you and your generation of liberals are hoping to be dead when that happens doesn’t make kicking the can down the road any less painful for those it lands on.
doc: Austerity doesn’t work. It’s that simple, and only a simpleton like you doesn’t understand.
I didn’t work in Spain it didn’t work in Greece….Doc are you aware of the definition of insanity…?
Austerity as a policy choice may not work, but at some point it becomes a necessity.
Why can’t you see the simple math of the problem?
The PIIGS didn’t have the political willpower or leadership to address their spending problems in advance. Then their debt reached crisis levels and austerity has been forced upon them. It is either that or they default (and they may yet default).
Simple math and it will apply to the US as well.
We will either get our spending under control now, on our terms and agree on a plan for entitlement reform OR we will be faced with much more severe austerity measures in the future.