NO BARGAIN: America’s “fiscal lemmings” are about to effectively reverse the election result and grant HUGE victories to the right (for no good reason)

“The deficit hawks… see a crisis over this fiscal stand-off as providing an excellent opportunity to cut Social Security and Medicare. For this reason, the deficit hawks are doing everything they can to convince the public that waiting until after 1 January to reach a deal would be an economic disaster.”

—Dean Baker, co-director of the Center for Economic and Policy Research (CEPR)