Press Here for Hot Air (again and again)

by the Left Coast Rebel

This morning, as I headed off for my 50/50 partnership with our coercive Leviathan I caught a glimpse of the Obamanation flapping his ever-pervasive (and ever-less effective, even to the libtard community) erratic lips.

Blah, blah, blah, I heard the Alinsky-organizer teleprompting in typical form. The Wall Street Journal had the details:

The president met this morning with House and Senate leaders from both parties, and a big part of the conversation was on the tax cuts, all of which expire at the end of the year if Congress does not act. Obama wants to extend only those tax cuts aimed primarily at the working poor and middle class – and allow tax cuts for families earning more than $250,000 to lapse.

Boehner, an Ohio Republican, and other GOP leaders say all of the Bush tax cuts should be extended while the economy is still struggling to gain altitude. Their pitch is a familiar one: that tax hikes on the highest two income brackets will hurt small businesses, many of which pay income taxes as if they are a household.

“There are tax cuts that, based on our fiscal situation, simply can’t be afforded,” White House press secretary Robert Gibbs said after the meeting. He added, “I’ll let the Republicans lay out their case for extending high-earner income tax cuts and how they’d like to square their statements on the budget deficit as that goes.”

The argument is an old one, but according to aides, both men were firm and adamant. Obama said relatively few small businesses pay the top two income tax rates because most small businesses barely scrape by. Many pay no income tax at all. The liberal Center on Budget and Policy Priorities says 8.9% of people with any small business income have incomes of over $250,000, and that overstates the impact, because it counts investors in small businesses as well as actual small-business men.
My response:

Hot Air copy

Graphic hat tip to No Sheeples Here. Via Memeorandum.

3 comments:

  1. ..been down to the Ocean House for a few late night nips, have we? I refer, of course to the hour, and CERTAINLY not to the soundness of the ideas in this post.

    At the risk of being a..a..a..well, one of those things pictured above, I saw this coming a couple of weeks ago. (Most of us did.)

    This will be more problematic for the Clueless One than he realizes and I'll bet Boehner & Co. are just itching to let him to pull this off.

    The Dems let this happen, and they are guaranteeing to lunch-meat this economy for two more years. Obama vetoes any attempt at extending this (and congress may just have enough Dems who want to keep their seats) and his greasy, barbecue-stained fingerprints are all over this.

    If (no, "as") the economy continues to flat-line, the mantra of tax-cuts will build.

    ..anyway, another step taken by the Dems to prove to the American People that they are the parry of the terminally stupid and should be shot on sight.

    (Figuratively, of course.)

    ReplyDelete
  2. "The president met this morning with House and Senate leaders from both parties..." Isn't he so "Bi-partisan"?
    I have a message for Obama, but instead of pushing a button just pull my finger...

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  3. This combined with the financial reform bill will further the current war on the small business. I would not be surprised if we do not see actual unemployment near 30% by March

    ReplyDelete

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