THE BEAUTIFUL DEPRESSION

Our generation has had no Great War, no Great Depression. Our war is spiritual. Our depression is our lives.

"Quote of the Day"

"There is no thousand-page bill that doesn't stink after a couple of months."


--Noam Scheiber

Thursday, February 11, 2010

The President is AGNOSTIC?

Definition of Agnostic: A person unwilling to commit to an opinion about something. Agnostic.

This disturbs me because I think this is where the Dems are lacking in leadership. They are all Agnostics. Unwilling. Opinion-less. Lacking "balls."

Today Obama said he was unwilling to commit to an opinion about raising taxes on middle class incomes of less than $250,000.

Pieces from an article in Business Week:

"Obama, in a Feb. 9 Oval Office interview, said that a presidential commission on the budget needs to consider all options for reducing the deficit, including tax increases and cuts in spending on entitlement programs such as Social Security and Medicare."

“The whole point of it is to make sure that all ideas are on the table,” the president said in the interview with Bloomberg BusinessWeek, “So what I want to do is to be completely agnostic, in terms of solutions.” (BTW Prez, not the thing to say to an American People who are dying for belief in something)

"Many economists, including conservatives such as former Federal Reserve Chairman Alan Greenspan, argue that tax increases will be necessary as part of a broad package to control the deficit, which the White House projects will hit a record $1.6 trillion in the fiscal year ending on Sept. 30."

“Our real problem is not the spike in spending last year, or the lost, even the lost revenues last year, as significant as those are,” he said. “The real problem has to do with the fact that there is a just a mismatch between the amount of money coming in and the amount of money going out. And that is going to require some big, tough choices that, so far, the political system has been unable to deal with.”

"Analysts say that middle-class taxes will need to be increased because the government can’t raise enough money from the wealthy alone to close the budget gap."

"Going back on his campaign pledge would be fraught with risks for Obama. Former President George H.W. Bush paid a steep political price when he abandoned his 1988 campaign promise not to raise taxes, losing out in his bid for a second term to Bill Clinton."

1 comments:

  1. I don't know if that beginning part describes ALL democrats.

    ReplyDelete