Obama-GOP Tax Deal: A Win for Politics, Not Policy

If Mark Zandi was the chief economic adviser to John McCain no wonder he lost the election. Any one that would equate UN-employment insurance to job growth by providing stimulus to create jobs by a lower tax rate should go back to economics 101. Granted those unemployed need help from the rest of of us but that will tend to prolong the stimulus needed for a growth economy, and should not be extended into infinity.

As I stated elsewhere, the solution is simple. (1) Meet privately with Senate Democrats and Nancy Pelosi to discuss the plan. (2) Guarantee you have the votes to carry it out. (3) Pass the compromise, as is, with 60 Senate votes. (3) The moment the bill is signed, Pelosi introduces reconciliation bill with amendments including stopping the tax cut for those over $250,000. (4) House passes reconciliation bill. (5) Reconciliation bill passes the Senate with 51 votes. (6) Unless you guys care to take a few minutes to overturn DADT and to pass the bill for election transparency, I think the work of the lame duck session is done. Take a well deserved break for the holidays and we'll see you in January, or for the folks getting replaced, we'll see you in two years. (Unfortunately, we're going to be on auto-pilot for two years. Dems, stand your ground.)

America is imploding because of its hate and greed. One Nation under God? A nation divided against itself for whatever reason cannot stand. God bless America? No, God Have Mercy on America.

God aready had mercy on America. You just don't see it. First question. Who's the rich. Is it rich corporations? Before or after the payment of dividends ? The press does not tell you. What tax bracket does corporations pay in this U.S. vs. other parts of the world ? The press does not tell you. Do you want to leave what you made and paid taxes on for your whole life to your children ? What is fare ? the press does not tell you. Should you tell your kids they can only make so much. Well, I guess it is the job of the government, huh. I no that the government knows best for you, I can sure understand why you dont't. I also can understand why your kids will never have anything, you took it all including oportunity and a future.

I am totally disgusted with the deal that just transpired with the American government, and those conservative shysters, if this doesn't expose them to the American voters for who and what they are we are lost, it shows us one thing they're not concerned about the national debt, or how unemployed Americans survive in these hard economic times created by their constituents, the only thing I can say is God have mercy on America.

Two thoughts 1) These are not tax cuts. It maintains the current tax rates, tax cuts would have been prefered and stimulative 2) It gets a little old to keep talking like its the 'governments money". In the United States people have the right to earn as much money,legally, as their talents allow them. It is not the governments money to somehow give out like childrens' allowance. Once EVERYONE starts paying into the system and has 'skin in the game' to quote Joe Biden then we will have a government held accountable for its actions. At this point with barely 50% paying income tax,3 year unemployment insurance(lets call it welfare after a year to be honest), tax credits to those who pay no taxes its no wonder there is a 'make the rich pay' mentality. Its a very sad comentary on the culture we have become.

The first four lines of this article tell it all, a complete misrepresentation of reality. How long did it take David to find Mark Zandi, an economist who in this case agrees with the absurd notion that unemployment benefits for 99 weeks are anything but a noose hung around the necks of those who refuse to work for 2 years. The most annoying aspect of this persistant drive to extend these benefits is the obligatory assertion that all these recipients are unemployed " through no fault of their own". To claim that someone who is out of the work force for TWO YEARS, is acting in good faith stretches the credulity of the leftists who insist.