Fiscal Cliff Over, Now the Attack on the People Begins

http://www.informationclearinghouse.info/article33504.htm

Economist Jack Rasmus highlights Obama’s comments after passage which signal what we can expect:

“I am very open to compromise . . . Medicare is the biggest contribution to the deficit.” In fact, Medicare does not contribute to the deficit because it is funded by a separate tax, but Obama has signaled – expect cuts to Medicare and Medicaid.Obama has been laying the ground work to cut social insurances since 2010.

The “deal” only cut the deficit by $620 billion of the bi-partisan goal of $4 trillion so there are a lot of budget cuts ahead and they will not come from the military or national security state, they will come from the necessities of the people.