The late, great Senator from New York, Daniel Patrick Moynihan, was asked back in 1993, when Congress was debating an earlier federal budget deal, if there “would be a fight until death” over taxes. Moynihan, intellect and wit in full flower, came back at NBC’s Tim Russert: “Fight until death over taxes? Oh no. Women, country, God, things like that. Taxes? No.” We may see a grand deal struck this weekend in the long running Washington drama over taxes, spending and debt and it is a safe bet no one will fight until death, even if the rhetoric makes all of what has been going on in the nation’s capitol sound like Armageddon. A deal must be struck. The only Armageddon here would be the shape of national and world economy should the United States of America default on its debt, even for a little while/Marc Johnson, The Johnson Report. More here.
Question: What would you fight to the death over?