New York Times Fiscal Cliff Duplicity
NYT suppresses the bipartisan plan to destroy America's social safety net.
by Stephen Lendman
A previous article explained what's at stake. Both parties agree on destroying America's social contract. Fiscal cliff hokum conceals their agenda. Media scoundrels don't explain.
Ongoing debate refers to expiring yearend tax breaks and unemployment benefits. Automatic sequestered/largely discretionary yearend $1.2 trillion in cuts address them for starters. Trillions more will follow.
Bipartisan agreement occurred long ago. Daily reports conceal what's ongoing and planned. Ordinary households will be hardest hit.
Wall Street, war profiteers, other corporate favorites, and America's super-rich can rest easy. Their gain is middle and poor America's loss.
It's baked in the cake and agreed. Final language remains to be reported. Expect something by yearend or sooner. Headline news won't explain what's happening and why it matters.
The New York Times reflects scoundrel media misreporting. It conceals what readers most need to know. Its November 9 editorial headlined "The Fiscal Cliff Opener," saying:
Voters "re-elected a president who promised to fight for higher taxes on the wealthy, for more public investment and for careful cuts in spending."
"Three days later, President Obama challenged Republicans to extend the Bush tax cuts for the middle class, right now, and said he would not accept a deal that does not require the wealthy to pay a bigger share."
Obama's February 18, 2010 Executive Order 13531 established the Simpson-Bowles National Commission on Fiscal Responsibility and Reform (NCFRF).
He authorized identifying "policies to improve the fiscal situation in the medium term and to achieve fiscal sustainability over the long run."
"Specifically, the Commission shall propose recommendations designed to balance the budget, excluding interest payments on the debt, by 2015."