Wednesday, July 11, 2012
President Obama is looking for distractions
Obama to push extension of middle-class tax cuts JULIE PACE Associated Press The Associated Press Monday, July 9, 2012 7:19 AM EDT Obama, in an address from the White House Monday, will call on Congress to pass a one-year extension of tax cuts for households making less than $250,000 a year, The House GOP is expected to make its own push this month for an extension of all the Bush-era tax cuts due to expire at the end of the year, including reductions on wealthier income earners. End article. The extension for one year of these tax ‘cuts’ is just an attempt by President Obama to look like he is moderate. The effort involved would not even be worth it, both to push it through and to fight it. And President Obama certainly can’t care much less if it passes anyway because it goes against what he wants to do, which is why some believe that this is being moderate and considerate of the other side. A year extension is like a one-year raise after which you go back to the same pay? This is an attempt at a distraction, nothing more and nothing else. I love this one. “Wealthier income earners”. These people are wealthier than who? You? Me? What kind of a standard is this? It is always the other guy who makes more than I. It is always the other guy who is greedy or inconsiderate. As a society, we Americans are certainly wealthier than most if not all of the people in the world. At least, we used to be. This is what President Obama is CHANGING. This CHANGE is certainly not for the better, except for those few exemptions that President Obama will expertly install. This is another distraction by placing blame on those ‘wealthy’ people instead of the management of the system itself. After all, President Obama believes that he run our economy much more wisely than we can, so a struggling economy would only point to his economic miscalculations.