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Open Thread

The traditional media keeps telling us that America is headed over the fiscal cliff if Democrats and Republicans can't work out a budget deal. The truth is much more complex than that -- and the American economy isn't going to be destroyed.

The traditional media keeps telling us that America is headed over the fiscal cliff if Democrats and Republicans can't work out a budget deal. The truth is much more complex than that -- and the American economy isn't going to be destroyed. But when you drill down to the heart of the fight, it leads right back to the Republicans' pledge to keep taxes low for millionaires and billionaires. And the biggest push for tax cuts is coming from GOP operative Grover Norquist. But Norquist's days might be numbered, as Republicans are beginning to turn their back on him, and Mike Papantonio spoke with John Amato from Crooks and Liars recently about Norquist's last stand to preserve the costly tax breaks for the wealthy.

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