The Republicans tell us we must renew the Bush tax cuts or jobs will be at risk. I don’t believe them.
I wrote about this yesterday, but Travellini says I buried my lead. So let me try again in slightly revised form:
The tax cuts are already there and the jobs aren’t returned. And, further, profits are at record highs. Profits are the surplus after the business has done all it wants to do. If these companies thought they could or should invest in manpower, they’d be doing it before offering up profit. But they aren’t. Profits today are made by strict adherence to the maxim of “do more with less.”
And they don't care about the deficit either. You can tell that because they're willing to run it up by $700 billion when it's obvious it will do nothing to create new jobs.
So, no, I don’t believe the cover story offered by the Republicans as flimsy veneer over their transparently greedy rush to further enrich the already-rich during this time of national need and calls for personal sacrifice.
To quote Warren Buffett, “There’s no sacrifice among the rich.”
And yet the Democrats seem to be fumbling around, unable to score this very easy political point, even when 98% of Americans are clearly at risk of being hoodwinked by the greed of the richest 2%. On that point, Rachel Maddow had this powerful advice for President Obama at the end of her show on Monday:
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Comments
Sorry, Kent, running away from your piece into a bit of a rant.
There never has been.
And it sucks
rated with hugs
Blue, glad you agree.
Watching the evening news here on MSNBC it seems like maybe the word is getting out. :)
I’m baffled by all the head-scratching about Obama’s actions. It seems to me that people are STILL trying to make excuses for Obama and the other Dem leadership in Congress. This is the equivalent of seeing your robber as he robs you and denying that he’s robbing you. Just call it like you SEE it. What do your own eyes show you? Ask, “Why?” Why does Obama give up before he even tries?
I can only find two conclusions: either he’s a total buffoon, or he’s as dishonest as the Repubs. At this point, I’m not sure which, but I lean toward dishonest.
"...I think he's also failing to read the situation well and to some extent thinks he's succeeding, which is causing him not to shift modes, too."
So you lean toward "buffoon". ;-)