I have to wonder what are the wealthy going to do with 2 more years of tax breaks that they have not already done in the past 10 years?
The President says that in order to extend unemployment insurance for a little while longer, a relatively trivial expense that compromise demands that he cooperate with Republicans who are demanding almost a trillion dollars in tax cuts over the next two years for the wealthiest Americans.
Is this a "compromise"? It seems that a compromise is often defined as both sides being equally unhappy with the outcome of an agreement, but in this case it is not difficult to imagine being able to prove algebraically that the unhappiness of 98% of the taxpaying American people is going to be much greater than the 2% who get that $700 billion in tax breaks.
And what is that 2% going to do with these tax breaks to bring about growth in the economy or jobs? The media and our government and business leaders are not stupid people so why aren't the obvious and trivial arguments even being made or reported against this ... supposedly pragmatic "compromise"?
I wonder if it has occurred to our President that in two years the same situation will face us, money for the unemployed whose survival is jeopardized and another tax cut extension for the rich? Is it going to be any better, any easier the next time around?
Is adding another trillion on to the deficit/debt going to help created jobs for those unemployed people?
Is it in the interest of the tax-paying public to pay money to the richest among us for the job they have been doing leading our country?
Are a few months of checks going to make a significant difference to those unemployed people compared with actually having it out in the government and seeing just where we are? We are finding out where we are, and where President Obama things we are but his inaction and poor bargaining skills.
Do people really think it is necessary for the President to do nothing and keep socking us with more and more debt - without so much as a whimper - while telling us all the while how much he would like to do different?
What say you?