Error: Unable to create directory uploads/2019/01. Is its parent directory writable by the server?

The Daily Kos Reaction To Obama Cutting A Deal On Taxes

Posted on December 8 2010 12:00 pm
Be Sociable, Share!
Print This Post Print This Post

This may shock some of you, but liberals are….unhappy. I know, I know. It’s stunning. How can it be that such cheerful, contented people have been so sour for…what is it now, like 600-700 straight days?

Of course, in all fairness, they do have a reason to be upset: Barack Obama has lied to them the same way he has been lying to the rest of America. Here’s the HuffPo describing why liberals are p.o.’d,

Over the past three months, Obama described the Bush-era program that he’s now adopting as his own as “tax cuts for millionaires and billionaires” no fewer than 50 times, according to a review of his stump speeches, weekly addresses, and comments to campaign donors and members of the news media.

The rhetoric was deliberate: Obama was trying to cast Republicans as the party of the wealthy while his fellow Democrats represented the middle class.

He used that rhetoric at campaign events across the country, from Los Angeles and Las Vegas to Des Moines, Iowa, and Richmond, Virginia.

During at least three pre-election rallies, Obama, playing to crowds filled with die-hard supporters, railed against the tax cuts for the wealthy, eliciting rounds of boos from the audience, according to White House transcripts.

Obama repeated the “millionaires and billionaires” line once again on Monday in announcing the deal, but with a slight twist: Rather than rejecting Republicans’ call for a full extension of the tax cuts, he simply expressed opposition to their demand of making it permanent.

Obama didn’t make that distinction on the campaign trail.

But in addition to the class-warfare rhetoric, Obama described the tax cuts as unaffordable and ultimately ineffective.

On Sept. 25, during his weekly radio address Obama referred to the initiative as “tax breaks we cannot afford.”

A few days later, during an event the White House billed as a “backyard discussion” at the home of a family in Albuquerque, New Mexico, Obama said the nation would “have to borrow the $700 billion” — the estimated cost of the cuts over 10 years — “from China or the Saudis or whoever is buying our debt, and then we’d pass off on average [a] $100,000 check to people who are making a million dollars, up to more than a billion dollars.”

Obama wanted to make sure that his audience understood that either the U.S.’s main rival for decades to come would be financing the tax cut, or the nation that sells the U.S. most of its oil. He used the reference to China and Saudi Arabia a few times.

And while Republicans and some Democrats have claimed that no one — even the wealthy — should have their taxes raised during a recession because that could stunt the recovery, Obama cast aside those fears, arguing on Sept. 29 that “98 percent of Americans wouldn’t see any benefit from it.”

Now, me? I support the deal. You don’t raise taxes in a recession, tax cuts spur economic growth, it’s not the government’s money in the first place, and our budget deficit is out of control because we spend too much, not because we don’t tax enough.

All that being said, liberals have every reason to be upset…and they are.

Continue reading at Right Wing News.

Be Sociable, Share!
No comments yet

Leave a Reply

Note: You can use basic XHTML in your comments. Your email address will never be published.

Subscribe to this comment feed via RSS

Copyright 2019 NewsReal Blog

The Theme Foundry