In the president’s lexicon, “balanced” is the same as “shared sacrifice” and “trade-offs” and “tough choices.” They all mean higher taxes.
Of course, according to Obama 80% of Americans support tax increases.
Yea. Right. Although the 50% who currently PAY no income tax are probably more than happy to inflict higher taxes on those who do.
Really, though, all this opposition to raising the debt ceiling is racist. Just as Sheila Jackson Lee:
I do not understand what I think is the maligning and maliciousness [toward] this president,” said Jackson Lee, a member of the Congressional Black Caucus. “Why is he different? And in my community, that is the question that we raise. In the minority community that is question that is being raised. Why is this president being treated so disrespectfully? Why has the debt limit been raised 60 times? Why did the leader of the Senate continually talk about his job is to bring the president down to make sure he is unelected?”
“Read between the lines,” she continued. “What is different about this president that should put him in a position that he should not receive the same kind of respectful treatment of when it is necessary to raise the debt limit in order to pay our bills, something required by both statute and the 14th amendment?”
Sheila Jackson Lee. Super Genius.
The president has been less genial away from the prying eyes of the press and the public. In the private talks, he’s dominated the discussion with the eight most senior members of Congress in an overbearing way not likely to lead to compromise. He’s been argumentative. He’s come across as President Blowhard.
After Sperling briefed the group on the deficit cap proposal, House Democratic leader Nancy Pelosi addressed another subject. When a Republican participant criticized the deficit cap, Obama interrupted with a monologue. When the Republican tried to speak a second time, the president quickly cut him off and delivered another sermon on why the criticism was wrong.
Obama has taken the tack that he must respond to everything that’s said, whether by a Republican, a Democrat, or even Biden. And his responses, like those in his press conferences, are never brief. But who’s going to complain about Obama’s verbosity, at least in his presence? He’s the president.
President I Won.
Cantor has argued relentlessly for spending cuts and against raising taxes. When he brought up the possibility of an abbreviated extension of the debt limit last wee, the president answered with a lecture. “Don’t call my bluff,” he said. “I am not afraid to veto and I will take it to the American people… This may bring my presidency down, but I will not yeild on this.”
Yea. Right. You see, Obama is principled if nothing else. That’s why he wants to tax the rich and the jet owners.
They were also eager for Republicans to accede to precisely the tax increases—on corporate jet owners, the oil and gas industry, hedge funds—that buttress Obama’s reelection ploy of positioning himself as foe of the rich and defender of everyone else.
But the reality of the situation isn’t pretty:
The whole structure Obama is defending—liberal big government, a bloated public sector, the entitlement state—is a bluff. It can’t deliver on its promises. It produces slow growth, debilitating regulation, and a dissatisfied citizenry. It can’t work, and it doesn’t work, and when the college game is adjourned, the players have to go out into the real world of real consequences.
And, we can’t afford it. We can’t afford all the shit we’re giving out. Endless entitlements. Grants and goodies. NO taxes on the lower 50% of a population with outright wealth transfers occurring in the tax code. The “richest” are taxed, if you included state and local taxes, around 55% of their income. How is that POSSIBLY not paying their fair share? In what world?
If the government can’t “get by” with taking 55% of the income of our most successful folks and there is no way to reign in spending, then we’re screwed.