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Tuesday, November 13, 2012

What are you - personally - willing to give up to improve the country's fiscal health?

In divided government, we have to compromise, one side has to cave or we get nothing done.

I suspect neither side wants to be seen as caving, and for good reason - because they believe in what they are fighting for.

To that end, here's my question: What are you, personally, willing to give up to improve the country's fiscal situation? What policy concession are you willing to make for the greater good?

The fact is that large majorities of Democrats, Republicans and independents balk when it comes time to actually do something that might involve short-term pain, which is one of the primary reasons we find ourselves with a big deficit and growing debt.

I've said this before but will again: I'm willing to forfeit some of the future benefits of Social Security and Medicare. I'm willing to endure a modest tax increase. I'm willing to see the mortgage deduction drop from a maximum of $1 million to $500,000. And I'm willing to give up some of the anger I built up after watching the Tea Party and others be willing to tank the economy.

What are you willing to give up?

Some things to read while you are thinking:

Might an idea from Mitt Romney save US from fiscal cliff? 

Romney adviser says to increase taxes on the rich

The fiscal delusion

Obama the deal maker

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