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View Diary: White House: Holding middle-class tax cuts hostage hurts economic growth (37 comments)

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  •  Yes, but the Democrats (7+ / 0-)

    were complicit in approving Bush's tax cut bills.  The Obama administration, by sitting on their hands and not making the 2010 election just as important in the minds of their voters as the 2008 election, must accept at least part of the responsibility for turning the House over to the Republicans, and taking it back hasn't turned out to be as easy as some Democratic operatives expected.  House Republicans' obstructionism may be weakened (and it may not be), but it's certainly still a major problem.

    "In this world of sin and sorrow there is always something to be thankful for; as for me, I rejoice that I am not a Republican." - H. L. Mencken

    by SueDe on Mon Nov 26, 2012 at 06:55:19 AM PST

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    •  We are talking about the OBAMA tax cuts now (2+ / 0-)
      Recommended by:
      Ky DEM, SueDe

      That is a FACT. Bitch all you want about Republican obstruction...but Obama GAVE the GOP two years of heinous and fruitless and deficit-ruining and job-killing tax cuts in 2010. HE SIGNED THE LAW.

      He should have just let them LAPSE. Why didn't he? Because an extra 3.6% tax hike would ruin the 'recovery'? When now the CBO and CRS say that if the tax hikes expire, it won't affect it at all?

      Who do we believe? I know this much: In order to rid ourselves of the real reason we are in so much deficit today, we need to return to the Clinton tax rates. Doing NOTHING achieves that--let them lapse!

      And NO ONE is saying this except Atrios and every other sane economist.

      "I feel a lot safer already."--Emil Sitka

      by DaddyO on Mon Nov 26, 2012 at 02:11:33 PM PST

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      •  The one thing that will do the most (0+ / 0-)

        to rid ourselves of "the real reason we are in so much deficit today" is to put people to work and pay them decent wages.

        "In this world of sin and sorrow there is always something to be thankful for; as for me, I rejoice that I am not a Republican." - H. L. Mencken

        by SueDe on Mon Nov 26, 2012 at 03:18:37 PM PST

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