Did anybody read the title and not think that this post was going to be about Obama?
I’ve reached the end of my rope with this president. The tax cut deal was the straw that broke bitchy’s back.
I’ve been of the belief that one of Obama’s problems is that he lacks conviction. I’ve graduated from “belief” to “certainty. He’s not passionate about anything to fight for it, or to even hold his ground.
I honestly thought I voted for a born leader when I cast my vote for him. Turns out that what I got is a middle manager with no real future. He tries to stay under the radar by capitulating to everyone in perpetuity; the quintessential middle manager.
The only belief that he seems to hold firm to, is that there’s always a middle ground to be found. Sadly, he defines “middle” as being slightly less than republicans are demanding, but far more than they ever expected to get.
Just four short weeks ago, all of the republican leaders were sending very strong signals that they would sign a tax bill that excluded the stinking rich if that was all they could get. Did Obama miss that? Was he busy creating a new playlist on his iPod to watch CNN that week? Seriously, what the fuck? Boehner couldn’t have been more clear about his willingness to cave. Don’t believe me? Watch!
And yet Obama still caves by giving them two more years of billionaire tax cuts, thereby increasing our deficit by another 140 billion dollars.
Here’s a fascinating breakdown of the relationship between the top marginal tax rate and the unemployment rate. This graph tells us that there’s an excellent chance that the unemployment rate in this most precarious of times, is very likely to stay high as a result of prolonging these tax cuts.
Can anyone guess what republicans are going to run on in 2012? Could it be the fucking deficit and the unemployment rate?
And what do you think Lloyd Blankfein is going to do with all of the extra cash in his savings account? Is he going to hire people, or is he going to use the money to bitch slap Obama in the 2012 elections by contributing to whoever his republican opponent is?
On the upside, Obama is figuring how to let republicans do three times as much damage with one single kick in the testicles. This saves them a lot of effort. While I admire his deference to Mitch McConnell, in making sure that he (McConnell) doesn’t tire himself out by having to expend more energy than necessary to turn Obama into a eunuch, I wish he would find just a little deference for the people that voted for him and the platform he ran on.
This latest buckling was like so many before it, unnecessary and damaging to us all. You see, we’re having to borrow more money from China so that Jamie Dimon doesn’t have to pay 3.5% more in taxes (as if his accountant can’t find loopholes to cover that).
This s bad for all Americans, but Obama is particularly bad for democrats. Each time he caves into republicans, the thing that he caved in on becomes the thing that Obama owns. These tax cuts for the rich will no longer be referred to as the “Bush tax cuts”. No, they’re the Obama tax cuts now.
Make no mistake – extending these tax cuts is the worst possible thing that can happen to our economy.
And no, this didn’t have to happen (something I hear from democrats all the time). Obama didn’t have to cave. 76% of Americans don’t want these tax cuts extended. He could have leveraged that political capital to stop a compromise from happening. He should have held a prime time press conference to spell out what republicans are trying to do to us, and named names in the process. He should have done this on the day that republicans blocked the tax cut vote on Saturday. He instead made a half assed effort to make his case.
Either he sucks at politics, or he wanted to extend these tax cuts all along.
Democrats already have a serious messaging problem. Having a leader that is willing to shit all over the basic tenets of the democratic party isn’t helping.
I’m worried that Obama is going to irreparably damage the party if he caves in on cutting social security. NO ONE wants for social security to be cut. Well, no one except the people that made out like fucking bandits on these tax cuts anyway. 76% of Americans (republicans and democrats combined) feel adamantly that social security should not be touched. If Obama does so much as raise the retirement age, democrats will forever be the party that cut social security.
Obama’s capitulation has escalated beyond the point of just being frustrating to the democratic base; it’s reckless and dangerous for the country and it will decimate the democratic party.
I’m well past the irritated with this president stage. I’m scared shitless of him in a way that I haven’t been scared by a president in my lifetime. If
