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November 11, 2010
Obama Gives In On Bush Tax Cuts (Upsated)
Topics: Political News and commentariesSenior Presidential Advisor David Axelrod told the Huffington Post late Wednesday President Obama will accept an across-the-board continuation of Bush-era tax cuts. According to Axelrod, "We have to deal with the world as we find it."
Yes, elections do indeed have consequences, and it appears that although Obama is still in denial and just doesn't "get it," the politically reality of the Bush tax cuts issue is just too stark even for a narcissistic ideologue like Barack Hussein Obama.
As Dan Spencer points out, this is a huge victory for the campaign waged by the TEA Party Movement and many in the GOP, including Senators-Elect Marco Rubio and Pat Toomey to stop the huge Obama tax increase.
Credit is also due to the post-election campaign wage by the GOP/TEA Party Movement victors to listen to the people, put the people back in charge and realize enough is enough.Meanwhile, Barack Obama is out of the country proving he's totally out of touch with America and what made it great - by redefining America's gift to the world.The TEA Party Movement proved to be such a powerful force even Axelrod is wondering how Obama can work with the "new breed of conservatives."
Update: According to Fox News there may be some confusion as to whether or not the tax cuts for the upper brackets will be extended at all, made permanent, etc. More clarification is still needed.
Update 2 via the WSJ - Axelrod: Caving on Bush Tax Cuts?: Looks like the WH is sticking to its economy-busting class-warfare strategy of extending the tax cuts for the middle class, and saying we can't afford a permanent extension of the tax cuts for the wealthy. (Leaving door open for temporary tax cuts for the wealthy?)
Related: A Broken President
Posted by Richard at November 11, 2010 7:04 AM
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- Obama Gives In On Bush Tax Cuts (Upsated) - Nov 11, 2010
