Obama paints himself as a hero in so-called tax cut “compromise”

Posted by: ST on December 6, 2010 at 8:24 pm

Well, we shouldn’t expect much else from the guy who promised as a candidate to heal the planet, should we? Via Fox News:

President Obama outlined the “framework” of a deal with congressional leaders for a temporary extension of the Bush-era tax cuts in all income tax brackets, a compromise that he said would avert the “chilling prospect” of a tax increase next month for all Americans.

Obama, at a White House news conference Monday evening, renewed his calls for tax relief targeting the middle class and his criticism of making tax cuts for the wealthiest Americans permanent.

But in the end, he said, a compromise must be reached before the Bush-era tax cuts expire at the end of the year, or else ordinary Americans would become “collateral damage for political warfare in Washington.”

“I am not willing to let that happen,” he said.

Obama outlined a deal with congressional leaders that would extend the expiring tax cuts for all Americans temporarily for two years. Unemployment benefits for long-term jobless would through next year. The estate tax rate would be renewed at the previously lower rate temporarily.

The Obama administration also is proposing a one-year payroll tax reduction that sources say would cut the amount contributed to Social Security from 6.2 percent to 4.2 percent.

“I have no doubt that everyone will find something in this compromise that they don’t like,” he said, but “we cannot play politics at a time when the American people are looking for us to solve problems.”

Yeah, because we know he’s so above playing politics at a time when the American people he claims to want to keep from being “collateral damage” are suffering the most – oh, you know, like when he spent the first year of his administration focusing primarily on getting the ObamaCare monstrosity shoved through the House and Senate, and like when he’s talked enthusiastically (not!) about extending the Bush tax cuts over the last several months in an effort to encourage businesses to create jobs and people to spend money, and …

Well, you get the picture.

A hero he is not. The best way for the government to be a “hero” during hard economic times (and for that matter, even when economic times are good) is not to promote policies that make it harder for businesses to invest, and that keep the American people from spending money on goods and services. But telling that to an administration that believes that government is the answer to everything is sort of like telling a child who wants everything that money doesn’t grow on trees: You can emphasize it until you’re blue in the face, but they won’t believe it until they’ve grown-up and matured. Of course, with children, there’s a strong likelihood that they’ll grow-up and mature. Liberals, on the other hand? A different story altogether.

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8 Responses to “Obama paints himself as a hero in so-called tax cut “compromise””


  1. As with all narcissists, it’s all about him looking good.

  2. Name: Mark says:

    Like we didn’t see this coming? And I am sure that none of us will be surprised when all Bush era tax cuts are extended for years and jobless benefits are not extended. Obama is a fucking Republican and the biggest fucking idiot in the world.

  3. Kate says:

    Watch that language Mark…..your class elitism is showing.

    No surprises here. Obama is a one-termer. He is making the liberals as irrate as the coservatives and finding there is no midground when you dance around important economic issues.

    The American public is demanding that Washington get in step with the real world. Wealth redistribution does not work through tax code, folks. We still have the poor and have a burgeoning underclass despite the Great Society measures of Johnson. The evidence is piling up AND YET these devoted socialist elitists refuse to see that. The USSR fell because of the top heavy government and bad policies that fly in the face of reason. This administration will fall, too.

  4. Jo says:

    Let’s all remember, it’s all about him–not the much touted AMERICAN PEOPLE. I hope his Libtard base does turn on him–like Mark, above with his little potty mouth.

  5. Tango says:

    ….lest anyone forget (uh, the MSM sure hasn’t reminded us) – the paycheck deductions for ObamaCare commence in January. We’ve only dodged half a bullet!

  6. Zippy says:

    Typical. typical. typical.

  7. Carlos says:

    Oh, now that the jackasses have imposed a horrendous tax on us via health care legislation, tax increases are a “chilling prospect”?

    Typical frost-bitten brainwork from our academic-in-chief.

    And Mark, if you really believe Mr. Obama is a Republican, you are as ignorant as he. This is a somewhat civil blog, so please try to contain all that leftist love language and be civil.

  8. Heather says:

    It seems like he is preparing some kind of tactical steps in order to win the next elections but if the decision concerning these tax cuts turns out to have a damaging impact on the economy it may as well be the end of Obama’s career.