David Axelrod just confirmed that Obama is going to cave in on tax cuts for the rich. I’m feeling demoralized, to say the least. This is another example of unnecessary acquiescence that hurts America, by Obama. We can file this one with Van Jones, Shirely Sherrod, and ACORN.
Look the strategy on this one should have been very simple since most Americans, democrats and republicans alike, are opposed to this. Democrats should have done nothing but ask republicans, “How are you going to pay for this?” like simpletons, stuck in broken record mode. That’s all they should be saying about anything. Regardless of what the question being asked by the reporter is, every single democrat should respond with, “How are republicans going to pay for the tax cuts they didn’t pay for the last time around?”. If the question is, “How about those Giants?” The reply should be, “How are republicans going to pay for extending the tax cuts for the rich?”. PERIOD. No other words should be coming out of their mouths until republicans cave.
Another prong of this strategy should be for Obama to continue the praise that he offered to Ronald Reagan during the campaign. Breathe, breathe, and hang in with me for a second. Obama should repeatedly exclaim that he intends to set tax rates where the great and wise Ronald Reagan set them. Over and over, in perpetuity, Obama should be regurgitating out the “Great and wise Ronald Reagan” line.
You wanna know where Reagan had the top tax rate? It was at 50%. Do you wanna know what we’re talking about today? We’re talking about going from 36% to 39%! Are you fucking kidding me with this shit? Off the top of my head, if that 3% difference we’re debating equates to 3/4 of a trillion deficit dollars over the next ten years, I’m going to go ahead and say that if we went back “the great and wise Ronald Reagan” rates, we would be able to raise roughly enough to pay off Bush’s deficit in five years.
This wasn’t a hard fight to win but once again, Obama didn’t even try. Axelrod claimed that they didn’t want to “jeopardize” the middle class tax cuts in order to fight to let the disastrous Bush tax cuts expire. That’s the kind of bullshit false choice that makes me extra, supersized bitchy.
Let me go a step further. I want to raise the corporate tax rate back to 91%, where it was under Eisenhower. That was the tax rate that got us out of the great depression. It works well because it forces companies to reinvest profits, rather than to let their executives pocket the money. Personally, there’s nothing that the government can squander that money on that would be less offensive to me than watching Paris Hilton snort it. Watching the government spend that money on $400 toilet seat covers would be less disgusting to me than watching Lloyd Blankfein spend it on anything. Yeah, I’m the jackass.
Guess what Obama? That extra 3% that you’re letting good old Lloyd keep is ultimately going to be spent on spanking you with his wallet in the 2012 election. Nice move, jackasses. You have once again managed to fuck the country and fuck yourselves.
I can’t imagine why 29% of democrats that voted in 2008 stayed home in 2010.
I’ve said it before, and I’ll say it again – You BLOW, Obama administration!