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Just FYI: This right-wing controlled House is why Obama cut a tax deal last year [View All]

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killbotfactory Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jul-27-11 08:22 PM
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Just FYI: This right-wing controlled House is why Obama cut a tax deal last year
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If he hadn't of cut a tax deal, everyone's taxes would have been raised, not just the rich, and millions of people would have seen their unemployment benefits run out, among other things. In a fragile recovering economy, this is a bad thing. You don't take money out of consumers hands when they are already hurting for money.

To mitigate these effects he would have had to negotiate with the current congress who is currently willing to risk sending not just the US economy , but the world economy, back into the crapper in order to protect their rich buddies and attack Social Security, Medicare and Medicaid. Regardless of any last minute deal that might come about, the delay is already hurting us economically. Trying to get any legislation worth a damn passed to help the economy with these people would be futile.

Whether you agree with his course of action or not, please try to understand what a difficult position Obama was put in by the voters the next time you hear someone flippantly attack him for "protecting" the Bush tax cuts for the wealthy, or for being spineless for not just letting all the tax cuts expire because "republicans would cave eventually and wouldn't want to be labelled as job killers". And remember, people voted in the tea party republicans largely because the economy wasn't fixed two years into a recession that took Bush and the republicans nearly a decade to engineer.

Please direct the blame to those who deserve it: The GOP, The media who refuses to call them on their bullshit, and their wealthy backers who are counting on a GOP controlled government two years down the line to mitigate whatever damage is caused to their pocketbooks in the short term chaos currently being created.
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