In Screwtape's words:
Congress approved a plan to end Washington’s long drama over the “fiscal cliff” late Tuesday after House Republicans surrendered to President Obama’s demand to let taxes rise on the nation’s richest households.
The bill will indeed shield millions of middle-class taxpayers from tax increases set to take effect this month. But it also will let rates rise on wages and investment profits for households pulling in more than $450,000 a year, marking the first time in more than two decades that a broad tax increase has been approved with GOP support.
"Now this useful phenomenon is in itself by no means new. Under the name of Envy it has been known to the humans for thousands of years. But hitherto they always regarded it as the most odious, and also the most comical. Those who were aware of feeling it felt it with shame; those were not gave it no quarter in others. The delightful novelty of the present situation is that you can sanction it - make it respectable and even laudable - by the incantatory use of the word democratic."-C.S. Lewis - "Screwtape Proposes a Toast"