What would be the effect if the tax increases and spending cuts occurred all at once?

A:

It’s unlikely that we’ll go over the “fiscal cliff” without any changes in the mandated tax increases and spending cuts. But if we did, there would be a drop in the budget deficit by $500 billion in 2013 and a corresponding damage to the economy due to this large drop in effective demand. A great deal depends on which programs sustain cuts, how soon these cuts take place and whether or not higher tax rates are imposed on the rich and corporations, but not the working class. Though critical anti-poverty programs are slated for massive cuts if there is no solution, the executive branch could delay the effects of the cuts and tax increases on working people until March 1 or so. Thus, the Obama administration should bargain tough and not rush into a bad bargain. The administration has leverage, as the Right doesn’t want to take blame for tax increases on the middle class and they desperately want to preserve defense spending. 

Was this helpful?

Feminist Working Group

December 14, 2016
· 39 rsvps

People of all genders are welcome to join this call to discuss DSA's work on women's and LGBTQ issues, especially in light of the new political reality that we face after the election.  9 pm ET; 8 pm CT; 7 pm MT; 6 pm PT.

DSA Webinar: Turning Members into Leaders

December 28, 2016
· 2 rsvps

Are you starting a new group? Or have you been doing most of the work for your longtime group? Has it been hard to keep new people involved or get them to take responsibility? But suddenly everybody wants to jump in at the same time! Learn how to mentor new leaders and make sure they have all the information and tools they need to succeed.

Join us for our latest organizing training for democratic socialist activists: DSA’s (Virtual) Little Red Schoolhouse.

NOTE: This training is at 9:00pm Eastern (8:00pm Central, 7:00pm Mountain, 6pm Pacific). Please RSVP.

Instructor:

  • Steve Max, DSA Vice Chair and one of the founders of the legendary community organizing school, The Midwest Academy.

In Leadership Development you will learn:

The proven steps to developing the leadership skills and commitment of more members:

  • identifying potential leaders
  • recognizing what each one brings to the group
  • asking people to volunteer
  • giving them specific tasks
  • supporting them in their efforts
  • creating opportunities for new leadership
  • following up.

Training Details

  • This workshop is for local leaders who will lead campaigns in their chapters.
  • If you have a computer with microphone, speakers and good internet access, you can join via internet for free.
  • If you have questions, contact Theresa Alt talt@igc.org 607-280-7649.
  • If you think you can't do it by computer, contact Tony Schmitt schmittaj@gmail.com 608-355-6568.
  • You can participate in every workshop or just attend once in a while.
  • Workshops will generally be on a weekends or evenings.
  • Participation requires that you register at least 45 hours in advance -- by midnight Monday.

DSA New Member Orientation Call

January 19, 2017
· 21 rsvps

You've joined DSA - Great. Now register for this New Member Orientation call and find out more about our politics and our vision.  And, most importantly, how you can become involved.  8:30 PM ET; 7:30 PM CT; 6:30 PM MT; 5:30 PM PT.

Film Discussion: The Price We Pay

January 30, 2017
· 8 rsvps
The Price We Pay blows the lid off the dirty world of corporate malfeasance — the dark history and dire present-day reality of big-business tax avoidance, tax havens - and what we need to do to stop this.  DSA member Bill Barclay, who has a cameo role in the film, will facilitate the discussion.

Full film available on Vimeo.