Tax Cuts: Unsolicited Advice to the Presidentby: elwoodSat Nov 13, 2010 at 10:28:02 AM EST |
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So President Obama's top priority is extending the Bush tax cuts for the middle class. And if that means a $700 billion giveaway to the rich, that may be okay.
And President Obama's Catfood Commission is urging that we cut Social Security benefits, raise the retirement age, cut back veterans medical benefits, and make lots of other unspecified cuts because the deficit is unsustainable. Now, I'm not as credentialed as Austan Goolsbee or Tim Geithner. But my advice is: let the damn tax cuts expire as scheduled. Return to the Clinton-era rates, which were not onerous. Let the deficit recede (you will also need to end the damn wars, like you promised.) Stop promoting attacks on the social fabric. Stop acting like a Republican. |