Monday, November 5, 2012

Second Obama term would confront fiscal crisis before inauguration (LIARS!!!)

cnn ^ | 11/4/2012 | jessica yellin

At a Friday morning rally in Hilliard, Ohio, Democratic former Gov. Ted Strickland exhorted the audience to vote for President Barack Obama because GOP hopeful Mitt Romney and vice presidential candidate Paul Ryan have "to fake compassion."
If you think that sounds unusually cutting, go a few hundred miles across the country to a Romney rally where Sen. Ron Johnson, R-Wisconsin, told his home state crowd he wonders of the president, "How much do you really love the country you are in charge of?"
These aren't average campaign season contrasts. Coming from mainstream political leaders, they reflect a bitter mood in the political class that will make governing hard no matter who wins on Election Day.
Adding to the level of difficulty, the partisan balance of Congress is likely to remain essentially the same. Democrats are poised to retain control of the Senate but with a smaller margin. Republicans are expected to retain power in the House also with a narrower majority. Divided control with parties wielding even less power in each chamber means consensus will be even more illusory.
If Obama is victorious on Tuesday, he will govern a deeply divided nation, and he will not have a grace period to heal post-election wounds. That's because looming deadlines demand that the president barrel straight into a headlock with Congress over budget cuts and tax changes shorthanded by Washington as the "fiscal cliff." That fight has the potential to exacerbate already raw feelings.
Senior Democrats say the president's approach to fiscal cliff negotiations depends on how Republicans react to the election. Some believe an Obama victory will force a self-evaluation by the Republican Party.
(Excerpt) Read more at cnn.com ...

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