Saturday, December 4, 2010

Another Plea to STOP the Insanity

This has already been said in thousands of blog posts, but it is so important that I've got to at least comment on it. The fact that Republicans are even talking about extending the Bush tax cuts for the wealthy after they have been screaming for months about the deficit is certifiably insane! This would be like me proposing to my wife that we start the process of getting out of debt with me changing my work hours from full time to part time, thereby reducing our income by 30%. Clearly that isn't going to allow us to pay off our bills faster and clearly less government income is going to increase the deficit, not lower it. The Bush tax cuts have resulted in a large share of the deficit (>30%)--more than double of what the wars are contributing.

The public seems to understand this, since >90% of Democrats, >65% of Independents and >50% of Republicans don't want the tax cuts for the wealthy extended. So why in the hell does Obama seem to be hinting that he might go along with this?!? Is he completely crazy? It's horrible policy, it's bad for America, and the American people don't want it--especially Dems and Independents. It is simply beyond me why Obama would ever consider going along with this.

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