You’ll Get Nothing And Like It
This morning, the Wall Street Journal provides a detailed account of how the fiscal cliff talks “hit the wall.” The entire article is a must read, but one blurb really jumps out:
At one point, according to notes taken by a participant, Mr. Boehner told the president, “I put $800 billion [in tax revenue] on the table. What do I get for that?”
“You get nothing,” the president said. “I get that for free.”
We’ve said all along that President Obama’s offers on the fiscal cliff were outrageous. That may have been an understatement.
This morning in the Examiner, Heritage Action’s CEO Michael A. Needham explains the proper lesson from this week’s fiscal cliff “is not the unreasonable nature of conservative lawmakers, but rather the outrageousness of President Obama and his Democrat allies in Congress.” He continues:
Republicans must learn they cannot out-gimmick the Democrats; nor can they offer up enough tax increases to appease President Obama. Remember, President Obama originally called for an $800 billion tax increase. This month, after Republicans put $800 billion in tax increases on the table, President Obama requested $1.6 trillion tax increase.
It will never, never, never be enough for the political left. As they say: you’ll get nothing and like it.