Wednesday, December 08, 2010

Tax cut deal

Well, if you read this blog, you know all about the deal President Obama cut regarding extending the tax cuts and unemployment benefits.

I'm kind of mixed in my reaction. It doesn't seem like too bad a deal, if you have to cut a deal. Both sides getting something, that's what compromise is all about. Politics is the art of the possible, right?

I'm not smart enough to game out what will happen two years down the road, so I'm not going to worry about it.

What I wish is that Obama would stand up and fight for something. Push back against Republicans, and make them pay a price. Until he does, I'm going to continue to feel very lackluster enthusiam.

Not a very interesting post, I know, but I was tired of looking at that gals black eye.


Dimitri said...

I would worry about what's going to happen 2 years from now. A hell of a lot. Obama will soon learn that he holds no authority to spend money like this. BTW, the tax cut deal is illogical. Not only do they end up taking money from any one making a decent living, but it just piles on the taxes and debt that my children will pay for. I'm 16 and can see the irrational behaviour behind all this. Perhaps it's time for you to look deeper into this.

Tony said...

Do not abandon all hope. I think he will unveil an energy independence / education initiative at the State of the Union. However, additional tax breaks for ethanol production are not the way to get there.