Wednesday, December 8, 2010

What are we doing?

  • I thought that most of the Republicans who won seats in this past election were in favor of decreasing the deficit and national debt?  That's also what most of my Republican friends were complaining about and why they decided to vote against Obama and his agenda for the last two years.  The only right thing Republican supporters can do now is denounce the Republicans as hypocrites [read "politicians"].
  • Bush made the argument, when he proposed his tax cuts in 2001, that the average American family would see a tax decrease of approximately $1800.  Everyone cheered and middle class America said “thank you”.  Only problem was that most middle and low income households got nothing from the Bush tax cuts while the top 1% of households saved tens of thousands.  Shame on us for not understanding basic math (although not a surprise - see   But how does that infamous Bush-ism go…(click on YouTube video below)
  • Obama said yesterday, in defense of his deal with Republicans, that if the Bush tax cuts were to expire on December 31st of this year, the average American household would pay $3000 more in taxes.  WHAT? Are you kidding me?  I can't believe Obama is using the same deceptive math to defend keeping the Bush tax cuts (what am I saying, of course I believe it).  I guess George was wrong... or was he right?... we can't get not fooled again?
Tax Package Will Aid Nearly All, Especially Highest Earners

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