“Politics is the art of the possible.” So said Otto von Bismarck over a century ago. And to a great extent, this is true. But it looks as though President Barack Obama doesn't believe so.
He is still insisting that a bill to improve our economic situation must raise taxes, though he has been told by Speaker of the House John Boehner that such a bill cannot pass the House of Representatives. In fact, even the Democrats in the Senate are not united behind it, so the Senate, no less than the House, will reject his plan.
The only possible motive for Obama's making this proposal is that he's not really looking to get a bill through the Congress that he can sign, but instead he is hoping that he can harness class warfare to ensure his re-election, since there are more poor voters than rich. But hopefully, even those who are not rich will realize that those “rich people”that Obama wants to strangle financially are the people who create the jobs we need. Obama wants to kill the golden goose. And he's encouraged by such as Warren Buffett, who have so much money that they can easily spare the tax money Obama would take from them. But a lot of people are not in Warren Buffett's class, and will not be so eager to support Obama's programs with their money.
President Obama's bill is dead on arrival at the House, and I'm sure he knows it. So unless he's only building up a campaign issue, what is the sense of proposing such a bill?
He is still insisting that a bill to improve our economic situation must raise taxes, though he has been told by Speaker of the House John Boehner that such a bill cannot pass the House of Representatives. In fact, even the Democrats in the Senate are not united behind it, so the Senate, no less than the House, will reject his plan.
The only possible motive for Obama's making this proposal is that he's not really looking to get a bill through the Congress that he can sign, but instead he is hoping that he can harness class warfare to ensure his re-election, since there are more poor voters than rich. But hopefully, even those who are not rich will realize that those “rich people”that Obama wants to strangle financially are the people who create the jobs we need. Obama wants to kill the golden goose. And he's encouraged by such as Warren Buffett, who have so much money that they can easily spare the tax money Obama would take from them. But a lot of people are not in Warren Buffett's class, and will not be so eager to support Obama's programs with their money.
President Obama's bill is dead on arrival at the House, and I'm sure he knows it. So unless he's only building up a campaign issue, what is the sense of proposing such a bill?
No comments:
Post a Comment