25th August 2009, 6:32 PM
Hah, yeah, that would go far in congress... :)
Seriously though, the only tax increase Obama has any chance of getting through (or attempting to get through) is just the one he mentioned in the campaign, on the rich. You know, to try to counter the massive redistribution of wealth from the middle class and poor to the rich that happened in the Bush years...
As for the deficit, when you're in a recession and you're trying to stop it from getting worse, deficit problems happen. It's when the government stops spending and starts trying to limit losses that the recovery stops and backsliding begins...
Seriously though, the only tax increase Obama has any chance of getting through (or attempting to get through) is just the one he mentioned in the campaign, on the rich. You know, to try to counter the massive redistribution of wealth from the middle class and poor to the rich that happened in the Bush years...
As for the deficit, when you're in a recession and you're trying to stop it from getting worse, deficit problems happen. It's when the government stops spending and starts trying to limit losses that the recovery stops and backsliding begins...
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