Obama Proposes Deal Over Taxes and Jobs 3


I finally decided to read one of the stories associated with this headline.  The New York Times story Obama Proposes Deal Over Taxes and Jobs finally wore me down to the point of reading this.

President Obama came to a cavernous Amazon distribution center here Tuesday and backed a cut in corporate tax rates in return for a pledge from Republicans to invest in more programs to generate middle-class jobs.

I am finally (finally?) beginning to think that this man is dangerous when he starts negotiating with himself.  I don’t think we are going to see any progress on the economy (society) until we get Elizabeth Warren elected President.

Cutting taxes just allows corporations to keep more of their profits to sit idle while they wait for consumer demand to pick up.  They will only start hiring when the demand for product exceeds their ability to supply it with the existing work force.  The more money that gets taken out of the economy and put on the sidelines, the longer it is going to take for this to happen.

The more we enable corporations to stick it to the unions and their potential members, the longer these corporations will be able to frighten workers to work more for less.  This also delays the recovery.

It may be true that the Republicans are actually doing us a favor by not accepting President Obama’s attempts to cave into their demands.


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3 thoughts on “Obama Proposes Deal Over Taxes and Jobs

  • SteveG Post author

    Mardy,

    If you thinks it is safe for me to read, I will have a look at it.

    I was hoping someone would read it first to save me the heartache in case it was as bad a I feared. Thanks for taking the chance.

  • MardyS

    I looked at it and it looks great to me! He’s not writing it for you, Steve, or the choir; he’s writing it to impress the largest number of Americans. Dare I say Independents, for example?

    OK, Steve, tear my comment to pieces! Obliterate it in 5 seconds or 5 sentences or whatever. My head’s already hanging in shame!