President Clinton has come out and backed the Obama Tax Cut plan. Like a lot of people, he thinks we need to do this for the sake of the economy. He's speaking a lot about the need to stimulate via the unemployment insurance route. A lot about how we need to make sure we dont slip back into a worse recession the way Japan did.
It all makes a lot of sense.
But what I don't understand, and what everyone seems to ignore when they take this position, is how much better the stimulus would be if only we could get unemployment paid for by letting tax cuts expire for the billionaires.
Everyone who takes this line has fallen for the fact that we have to take this compormise for what it is. There's not a reason in the world that we can't extend UI and put a reasonable tax rate on people who are richer than God. Everyone says that the GOP will never accept this, but who actually believes this garbage? Will the GOP actually "Let them eat Cake?"
Enough is Enough. Don't Back down, don't negotiate with hostage takers. Fight, Fight, Fight.