Cavuto: We are sinking fast
And we haven't even hit anything yet
- Duration 4:08
- Date Nov 14, 2012
And we haven't even hit anything yet
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Finally why do I feel like I'm on the deck of the Titanic and frantically trying to point out to the captain is it -- -- -- that a big chunk of ice out there.
It's like I'm seeing this whole disaster play out in slow -- I'd like to be wrong actually I would love to be wrong in my opinion here.
I think we're sinking fast and we haven't needed hit anything yet we're just hearing a very scary courts and little more than five weeks away from the ship.
Hitting the -- Republican -- Democrat to do and maybe something's going on behind the scenes.
I'm just not seeing it when -- Yancy has a lot of icebergs a lot of experts iceberg -- Talk now the president is not only sticking to his tax the rich -- he's doubling down on it.
Now insisted on one point six trillion dollars in revenues as part of any end of your budget fix.
Says the economy to more than -- even though it's actually weaker than it was two years ago.
When he delay in those sites because at the time it was too fragile so we couldn't deal.
Iceberg to Democrats want to go much further on tax -- that means not just higher rates.
On wealthier taxpayers but shaking him down -- still more -- by limiting their deductions and write offs.
-- -- Not a hint of spending cuts in return so far.
Union leaders meeting with the president making it very clear.
They are not interested in shared sacrifice just sacrificing some annoying rich -- don't believe -- will believe the education union president.
Who had trouble coming up with so much as a single study could offer beyond this -- Still open to cut any.
Obviously we need to look at the whole picture.
But I didn't really wanna leave Medicaid alone you don't want -- -- Medicare and our ranks on the I don't know what are you going to give up.
The point I'm making about Medicaid is that right now in states that has become the largest portion of their budget -- pushed out K12 education.
The third areas prisons are not gonna cut prisons if you shift that cost to states.
K12 and not things we don't have a statement one thing you would cut.
I would -- eliminate the tax cuts for the wealthy to present -- -- and that was senator don't.
-- -- -- -- Iceberg for.
Totals are not union leaders and progresses and say the election was a mandate to tax the rich and -- how would addressing static.
I didn't see that and any exit voters serve today but maybe you do it.
-- retail sales are -- They -- sandy but definitely an advantage this recovery is drowning and instead of throwing it a life perhaps we're throwing in an anchor holy.
-- -- -- -- Iceberg six companies are scaling back health benefits from Wal-Mart and Applebee's to darted scores of other -- -- there battening down.
But the storm Washington apparently doesn't he coming by doing everything from cutting workers' hours to just cutting workers here -- -- -- -- Nancy Pelosi says.
She will remain democratic leader in the house that.
-- Ice brigades.
Not one small business leader invited to the White House why invite the doomed of their -- executes and -- asked.
Iceberg nine Republicans offering revenues but is yet as I said not so much as -- word of a counter offer from Democrats and return.
What is the term there.
-- that's it's that iceberg 106.
Investors and Moody's circling like sharks ready to take a bite out of our credit rating even before.
The first victim hits the water.
I don't know I could go on and on but why bother you get the point.
So many -- so little time.
Now let me be very clear my friends all my hostility is really based on what I'm hearing not what might actually be happening hopefully behind the scenes.
Maybe cooler wise or less hysterical heads.
Are quietly and dutifully public together up fiscal plan to keep this a problem.
So I can just ignore the total bull.
-- I am hearing from politicians.
In front of open microphones because what I'm here.
I don't know about you -- but I nearing.