Tuesday, December 7, 2010


 I have been reading a bit on the analysis of the reasons the Democrats in Congress did not push ahead to keep the promises to end the Bush tax cuts for the wealthy when hey had their chances earlier on during the Obama administration.  As usual, it was a failure of intelligent, gutsy leadership.  Instead of taking advantage of both their majority and the backing and support of the majority of the American people to let the tax cuts for the wealthy expire, they decided to put off the discussion until after the mid-term elections for fear they would be painted by the FauxFox News brush as anti-American tax and spend liberals and not get re-elected.  Well, they didn't get re-elected anyway and now they have lost their advantage, nerve and opportunity to bring billions of dollars into our coffers.

Now that the Republicans have refused to extend unemployment benefits ( and are threatening not to ratify the START treaty with Russia to prevent nuclear proliferation) they have the Dems over a lame duck barrel.  We all know that those benefits must be extended.  We can't have an unemployment rate of 10% and 8 million jobs gone and no safety net for those living inside the nightmare of those statistics.

Obama, who was overwhelmingly elected on a platform to extend only the tax cuts for income below $250,000, maintains that the estimated $670 billion difference between his plan and the Republicans' is unaffordable given our long-term budget deficit. He also notes that the nonpartisan Congressional Budget Office has found lower tax rates to be the least effective economic stimulus proposal of 11 ideas it considered.  But that will not stop this proposal from being passed.

Makes me wish there was a viable alternative to being a registered Democrat.


knittergran said...

I know. We voted for the Democrats why???
I don't see a difference any more between the two parties.
Very discouraging.

Jenn @ Juggling Life said...

I am so discouraged.

Suburban Correspondent said...

I LOVE that cartoon! And, yes, I'm having a bad week myself.

Tricia said...

I heard that Rahm E. said something like "where are the Progressives going to go" meaning the Democrats will have their support because there is no alternative. If there was another choice it would split the Democratic vote and leave majority to the Republicans but would that be so different? Democrats would either change or the third choice would gain the numbers.
In regards to the tax cuts, when will people realize how wealthy are the really wealthy are in America? I don't think the American working class public have any concept of the amount of money in the hands of the very few.