Death by a 1,000 cuts is policy. Expect it to play out over the next decade.
Both parties support class warfare. They want people most in need denied help. They want government reduced to militarism, national defense, homeland security, and defending corporate and super-rich privileges.
They want everyone else spurned, on their own, sink or swim. At issue is destroying America's social contract by neoliberal austerity.
Democrats feign resistance. It's cover for what they agreed on years ago. Obama's fully on board. He's corporate America's point man.
His people-friendly persona masks his diabolical dark side. No pun intended. He's contemptuous of popular needs. He heads the fight to destroy them.
Battle lines are drawn. Ordinary people are in the crosshairs. Political theater conceals what's coming.
Both sides agreed on $4 trillion in largely domestic cuts over the next decade. It's for starters. Quietly they're on board for much more.
Deficit cutting urgency is a ruse. Whatever amounts are cut, annual deficits will rise exponentially. Cutting them depends on sound policies both parties spurn.
They include ending permanent US wars, cutting defense spending sharply, shutting down overseas bases, reinstating progressive taxes, and making corporations and large investors pay their fair share.
Most important is putting money power back in public hands where it belongs. Doing so ensures long-term, inflation-free prosperity. It's possible with minimal taxes on ordinary people.
Good policy isn't rocket science. It's time-tested effective. What worked in other countries and colonial America can be replicated now. Both parties reject it. They have other fish to fry.
Their plans involve thirdworldizing America. Political theater will unveil it step by step. Obama agreed to $1.2 trillion in largely domestic yearend cuts.
Boehner raised his initial $800 billion to $1 trillion. Expect agreement on around $1.1 trillion. Simpson-Bowles recommended it two years ago for starters. All parties have much more in mind.
Boehner's on board for modest tax increases on incomes of $1 million or more. Obama suggests $400 million. Expect compromise around $600 million. On average it's what America's 1% earns.
Word awaits on expected tax revenues raised v. bracket manipulation and specific spending cuts. Expect Medicare and Medicaid to be hit hard.
Final deal terms may mandate around $500 million cut from Medicare alone. Expect it mostly in higher Part B and Part D deductibles and copays.