Obama's position is to extend the Bush tax cuts on every bracket but the top, that's always been his position as far as I'm aware, every few months when there's a debate to be had, the Republicans try and push the issue, and rather than cave on the whole thing they kick the can down the road a few months.
The supercommittee was the compromise, it was the poison pill to compromise, do true leaders not compromise with their opponents? Maybe. But politics is about compromise and consensus building, since people whose primary political goal is to make you a one term President aren't going to be part of a consensus, what choice do you have but compromise?
No he didn't. You really need 60 votes in the Senate to get anything done. Why do you think Obamacare had to be passed through reconciliation, because the Republicans were filibustering in the Senate which they could do after Ted Kennedy died in August of 2009, ~6 months into Obama's term.
Gee, I wonder why there's no budget, the Republicans have controlled the house since November of 2010, the Democrats control the Senate by a non-filibuster proof majority, and there is a Democrat in the White House. Neither side has shown much willingness to compromise, and instead you have the House passing the Ryan budget which is an absolute non-starter to the Democrats, and the Democrats in the Senate saying they don't need to pass a budget, and guess what, they're right, as part of the sequestration cuts the federal government effectively has a budget until the end of the year. Do you think the federal government is shut down right now?
If Obama's plan was to raise taxes, raise taxes, raise taxes, why is your SS tax this year 4.2% instead of 6.2%? Is that taking money out of the economy? What do you think the Ryan budget's plan is on taxation? Its a 2 bracket system whereby the poorest people will pay more and the richest people will pay less. That sounds like a great idea to spur demand, give rich people more money, rich people who don't need to spend, and take money from poorer people, who spend everything they get because they can't afford to save. It justifies this as "expanding the tax base" what exactly is expanding the tax base if it isn't raising taxes on some group of people?
Oh and as far as the corporate tax rate is concerned,
http://www.washingtonpost.com/busine...dSR_story.html
"
Companies in the United States pay almost half the taxes that companies in other rich countries pay, compared with the size of the economy, according to the Organization for Economic Cooperation and Development."
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Obama stated "the private sector is doing fine." How could he say that?
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Originally Posted by ichiro4thehall
