Wednesday, December 08, 2010

Obama made right call; Democrats didn't get the votes



President Obama reminded everyone, including us Democrats, that politics is the art of compromise. Facing votes on two tax-cut deals that didn't go the way most Democrats wanted, Obama struck a deal that restored unemployment insurance funding while retaining tax cuts for Americans making over $250,000.

Great move. Why?

While U.S. Money Supply is rebounding from this time a year ago, and the highest it has been, as it should be because that wasn't the case earlier this year, it's not appreciably higher. Meanwhile, the more-often reported unemployment rate is still near 10 percent. And more to the pedestrian point, people who are drawing unemployment need their checks.

The President wasn't going to use them in a political game, unlike many Democrats and Republicans who have money coming in. But Democrats who say they stand for the working person should be ashamed. Working people can make over $250,000 a year - great. I support that. But I don't support taxing them while the economy is in recovery mode out of the weakest recession in history.

If Democrats really feels so strongly, why the hell didn't more of us vote in the 2010 Midterm Election? Stop whining. Start working.

That includes House Speaker Nancy Pelosi (D - California), who's first job should be to back the Democratic President. It was on Speaker Pelosi's watch that the Democrats lost the House of Representatives. Pelosi must realize that the politics of division don't work. Still, given her statements against the President on this issue, it seems she has no problem applying such politics to her own party.

Speaker Pelosi and other Dems must realize the U.S. economy is not back to full health.   Not even close.  Obama made the right call.

2 comments:

  1. The political scene in Washington is so corrupt its just sick. Obama cheated to become president, etc... It just sickens me.

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  2. Cheated? You're confusing Obama with George Bush and the Florida 2000 Election. That was 10 years ago.

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