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In reply to the discussion: Will President Obama really help the middle class this time (talking about the tax cut extension)? [View all]1StrongBlackMan
(31,849 posts)22. Better off how?
That revenue would not have forestalled the gop's mission to cut social spending, nor would it have gone to "cut the deficit.
But what it WOULD have done was contribute to Americans missing meals, having their houses and cars repossessed and severely reducing middle and working class demand.
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Will President Obama really help the middle class this time (talking about the tax cut extension)? [View all]
tawadi
Jul 2012
OP
The last tax 'compromise' hurt the middle class terribly. Continuing the republican wars has hurt
Egalitarian Thug
Jul 2012
#16
Yes. It would have been politically unpopular and painful in the short term, but we would be better
Egalitarian Thug
Jul 2012
#20
Sure it would. $300 a year is the difference between eating and starvation for someone
Egalitarian Thug
Jul 2012
#23
I don't claim that the debt/deficit is so important right now, exactly the opposite.
Egalitarian Thug
Jul 2012
#32
The time to act, as was pointed out for two straight years, was before the mid-term.
Egalitarian Thug
Jul 2012
#34
How can you say that with an assumed straight face? It worked? Really?
Egalitarian Thug
Jul 2012
#37
You've presented a perfect example of why we're so completely screwed.
Egalitarian Thug
Jul 2012
#49
I have no idea. I'm not holding my breath. I suspect he will choose to help
kestrel91316
Jul 2012
#10
Increasing revenue is vital, without that noting else will matter. n/t
Egalitarian Thug
Jul 2012
#13
BS! What matters now is reducing unemployment and increasing economic growth.
bornskeptic
Jul 2012
#45
Not advocating austerity at all. I'm completely opposed to it as it is nothing but
Egalitarian Thug
Jul 2012
#50
Had to go with I don't know. It's campaign mode BO and he's done this before.
Egalitarian Thug
Jul 2012
#12
except that just like last time - taxes go up on the wealthy if Obama does nothing
hfojvt
Jul 2012
#21
Yes, the tax rates will all go up at the end of the year then we can pass a new
Motown_Johnny
Jul 2012
#24
That's a real nice thought - retroactive payments - but how long do you think a new set of tax
sad sally
Jul 2012
#46
I don't think so. It will turn into a political hot potato and the dems will cave. But hope
boston bean
Jul 2012
#35