In reality, couldn't obama renew the bush tax cut's another 2 years to avoid the fiscal cliff?

Yes he could but refuses to do so because he wants to punish the rich. Somehow he has this idea that taxing the rich will bring down the debt even though economists have proven it will do very little to bring down the debt. Her also doesn't want to cut spending which in reality is a must. Can you imagine if he had to actually budget his own expenses? He would keep charging on his credit card, never making any cuts and would ask the rich to give him money. That is basically what Obama wants.

In reality, if there's "no deal" Obama gets the exact plan HE DEMANDED - and is blaming that prospect on Republicans.

In reality, the Bush tax cuts are gone already. We're on Democrat/Obama tax rates NOW.

In reality, renewing for two years is worthless. It amounts to announcing "we're going to raise your taxes in two years." That's WHY the economy tanked in the first place and why making the same announcement later wasn't especially helpful.

In reality, Obama can't sign any "renewal" unless Congress passes it first. The REPUBLICAN HOUSE already did but literally 100% of Democrats demand the increases - including on YOUR rates - including a 50% increase in the BOTTOM rate.

No, the president cannot make tax law by fiat. Equally important is the fact that the planned budget cuts pose a much greater threat to the economy than the tax increase.

Sure, but most sober economists agree that the Bush tax cuts only serve to perpetuate economy-killing wealth disparity. The Bush tax cuts were sold on the thoroughly debunked "trickle-down economics" myth. A return to known-good progressive tax principles is long overdue.

Obama seems sticking to his no tax cuts for people who's earnings is above 200K. i think of interior the long-term this coupled with different projects could help rebuild a midsection classification in u.s.. I mean tax and credit creditors are very aggressive. think of approximately what it may be like in the event that they went after people who particularly HAD the money to pay them.

The biggest danger of the fiscal cliff is the mandatory cutbacks on all government spending including the military. This could hurt the recovering economy.

Oh look it's Neville Chamberlin.

So now it's Obama's fault for not allowing the minority party to dictate all terms.

No , all legislation involving the raising of revenue must originate in the house of Representatives .

Yes, he could have done that long ago but he insists on imposing a "screw the rich" agenda that will do nothing other than please his underinformed voting base. He will make everyone suffer in order to make a point that he thinks will hurt the Republicans.

He could, but he won't. Apparently, he doesn't think he'll have a stronger hand in two years.