Wow, what a surprise. Taxes and retail prices are going up. They always do. Thats one of the reasons I seldom post messages about the economy. There must have been a million media stories about the fiscal cliff, and at least that many hours of talking heads telling their audiences what was happening. Media manipulators call it the softening up process pound away until the public is ready to heave a sigh of relief because those wonderful crooks in Washington did something bad to the country rather than let something bad happen to the country. I call it a Sigh of Relief Sales Campaign. Happily for me, I never paid attention to the softening up process because I knew what the outcome would be; TAXES ARE GOING UP. My advice for starting the new year. Take a deep breath because raising the debt ceiling in a few months still has to be sold to the public.
If one adopts a Laffer Curve approach to the subject, that increase in taxes is justifiable (at least in the long term)
Granny says, "Well den, who do dey think's bein' hurt now???... Senators not in millionaires' club would be hurt by lost paychecks 1/25/13 - The Senate is often called the millionaires' club, but some of its members would feel the pain if a blown budget deadline costs them their paychecks.