We are still
digesting Friday's lousy jobs report. It is now perfectly clear that Pres BO
can not run for reelection on his 4 year record. Therefore, Pres BO & Dems
are in full "class warfare" mode or putting one American against another. It is
the kind of political strategy that would make Evo Morales of Bolivia rather
proud.
Today, Pres Barrack
"class warfare" Obama went deep into "the hat of illusion and magical tricks". He
said that the Bush "tax cuts", the same tax cuts that he ran against and then
did not touch, will now only apply to those making less than
$250,000.
What's wrong with
that?
First, Congress won't go along with this demagoguery. He won't get a vote on this gimmick from a Dem majority Senate.
Second, it won't create jobs which is what we need. It won't improve on Friday's jobs report. It won't reward the "job creators", or precisely the people who will get us out of the recession.
Third, the Bush tax cuts were intended for investors and
industrialists, or the kinds of people who employ all of those Americans making
less than $100,000.
The bottom line is that we have a president who is out of ideas, as The Washington Post indicated. He's got nothing except to bang the drums of "class warfare" and hope that some Americans will follow him over the cliff.
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