What is being proposed are massive cuts to programs which help the poor and vulnerable, the working class, and ordinary middle class citizens. In effect, they are proposing massive tax increases on middle class America. A dollar more in health care costs is the same to someone as a dollar increase in their taxes. And cuts to programs are what Republicans are using as the price for keeping tax cuts for millionaires and billionaires, and for keeping the huge tax deductions and subsidies for large corporations.
Automatic cuts? Yes, let the Republicans sit back while automatic cuts get made which will put even more of a burden on the middle class, while not asking anything of the rich.
Let's not do anything about the causes of the massive financial meltdown, of which deregulation of the banks is number one.
Let's blame socialism, not disaster capitalism, for the poor state of the economy (at least poor as far as average Americans are concerned).
It is not compromise when there are only spending cuts with no revenue fixes. It is capitulation. Does anybody remember last December's deal? At least we got a thirteen month extension of unemployment insurance benefits then.
Oh, yeah, and wasn't there a jobs problem? Well, eliminating trillions in spending by the middle class should certainly help create jobs.