Tuesday, September 20, 2011

Even David Brooks Throws In The Towel On Obama's Deficit Proposal

David Brooks admits to being a sap for Obama...
When the president said the unemployed couldn’t wait 14 more months for help and we had to do something right away, I believed him. When administration officials called around saying that the possibility of a double-dip recession was horrifyingly real and that it would be irresponsible not to come up with a package that could pass right away, I believed them.

I liked Obama’s payroll tax cut ideas and urged Republicans to play along. But of course I’m a sap. When the president unveiled the second half of his stimulus it became clear that this package has nothing to do with helping people right away or averting a double dip. This is a campaign marker, not a jobs bill.

It recycles ideas that couldn’t get passed even when Democrats controlled Congress. In his remarks Monday the president didn’t try to win Republicans to even some parts of his measures. He repeated the populist cries that fire up liberals but are designed to enrage moderates and conservatives.

...He talks about fundamental tax reform, but I keep forgetting that he has promised never to raise taxes on people in the bottom 98 percent of the income scale.

That means when he talks about raising revenue, which he is right to do, he can’t really talk about anything substantive. He can’t tax gasoline. He can’t tax consumption. He can’t do a comprehensive tax reform. He has to restrict his tax policy changes to the top 2 percent, and to get any real revenue he’s got to hit them in every which way. We’re not going to simplify the tax code, but by God Obama’s going to raise taxes on rich people who give to charity! We’ve got to do something to reduce the awful philanthropy surplus plaguing this country!
Welcome to reality, Mr. Brooks.  Brooks represents that creature liberals pretend to love, the moderate Republican... and if he's not buying President Obama's BS, then you know this is utter crap.  It's designed to do one thing -- try to win a second term.  What Obama plans to do with that second term... well, most Presidents are far less effective in their second term than in their first.  It's scary to think just how ineffective Obama could be if given the chance.

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