Dec 10 2010

Let’s Make A Deal

From The Washington Post:

Charles Krauthammerr: Barack Obama won the great tax-cut showdown of 2010 – and House Democrats don’t have a clue that he did. In the deal struck this week, the president negotiated the biggest stimulus in American history, larger than his $814 billion 2009 stimulus package. It will pump a trillion borrowed Chinese dollars into the U.S. economy over the next two years – which just happen to be the two years of the run-up to the next presidential election. This is a defeat?

Everything about this deal disgusts me and validates my belief that ALL the politicians are two-faced, hypocritical, party-first, damn-the-electorate-full-spend-ahead-whatever-it-takes-to-get-reelected jerks.

This “deal” gets us:

  • Tax cuts (well, not really cuts, but a halt to the imminent increase)
  • Spending increases

What a deal! At a time when our total debt (including unfunded mandates) is roughly $75 TRILLION (that’s right, not the paltry $15 trillion or so that you’ve heard about) we’re gonna add, rather than subtract from that total. I guess it’s that in a world of insanity, it’s the sane man that watches it all go down the tube and shrugs with atlas.

What happened to the great “victory” of the fiscal conservative tea-party republicans? It’s in the same hole as Rangel’s ethics, buried, covered with the feces of our one party government.

Not that I have any strong feelings on the matter.

 

One comment on “Let’s Make A Deal”

  1. How does capitulating to the Republicans constitute a victory? The deficit largely caused by the Bush tax cuts goes on. The deficit increases by an additional 2% payroll tax cuts, is further increased by a decrease in revenues from the estate tax. Then later on the Republicans will hammer him for increase the deficit/debt and/or “raising” taxes when the cuts expire. This deal stinks.

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