Eliot Spitzer: Republicans Devoid Of Consistency And Logic

Remember when Mitt Romney, Paul Ryan and the rest of the Republican clown show were dumping on Obamacare because it cuts $716 billion from Medicare? Well, never mind that the cuts are actually cost savings that don’t affect benefits, the point is that Republicans wanted to look like the great defenders of Medicare. Now as part of a fiscal cliff deal Republicans are looking to do what? Cut Medicare spending. Wow, that didn’t take long.

• • •

The Moment You Realize Medicare Is Preferable To Obamacare

On Friday we learned of a rumor that a possible “fiscal cliff” deal was emerging behind closed doors. The deal would raise the top tax rate to from 35 to 37% (not 39.6%) in exchange for the Medicare eligibility age rising from 65 to 67. Let me go on the record and say I think this is a bad deal. Not only does the top tax rate not return to pre-“Bush tax cut” level, but in the bargain we throw seniors under the bus.

• • •

Employment Situation: ‘Losing Faith In Humanity’ Edition

When you see an article titled (“73% of New Jobs Created in Last 5 Months Are in Government“) you know you need to take a deep breath and say aloud “serenity now.” Because anybody who has paid attention to the Bureau of Labor Statistics reports over the past months and years knows that the public sector (i.e. “government”) has shed jobs almost every month in the aftermath of the Great Recession. And if you wish to maintain your sanity, I advise you to steer clear of that article’s comments section.

• • •