Friday, November 12, 2010

Obama Insists He's Not Caving on Tax Cuts For the Rich

We'll see.  As far as I can tell, he's acting the same way he always acts before he caves.

And just to keep things on a positive note, here's a little tidbit from Paul Krugman about Obama's shreikingly horrible "deficit commission:"

"Matters become clearer once you reach the section on tax reform. The goals of reform, as Mr. Bowles and Mr. Simpson see them, are presented in the form of seven bullet points. “Lower Rates” is the first point; “Reduce the Deficit” is the seventh.

So how, exactly, did a deficit-cutting commission become a commission whose first priority is cutting tax rates, with deficit reduction literally at the bottom of the list?"

Paul, Paul, Paul, since when does a "government commission" have any other goal than cutting taxes for the rich?

"this proposal clearly represents a major transfer of income upward, from the middle class to a small minority of wealthy Americans. And what does any of this have to do with deficit reduction?"

What else is government for, except to steal from us and give everything to the rich?  And what, apparently was Obama for except to delude us into thinking things could ever be different?


libhom said...

Tax cuts for the rich are one of the most extreme examples of corruption in Washington. Anytime a politician supports them, it proves beyond the shadow of a doubt that the politician is bought and paid for by big money campaign contributions.

Beyond The Political Spectrum said...

Of course he would never make such a would play to the claims of the Conservative Right!

Green Eagle said...

First, I agree totally with Libhom.

Now, what I don't understand is what the next remark is supposed to mean. How does it "play to the claims of the conservative right," when they have been fighting every step of the way to relieve the rich of any responsibility whatsoever to share the costs of maintaining our society? Please tell me more.