Obama Fiscal-Cliff Posture Unserious And Dishonest

Barack Obama between flags SC Obama Fiscal Cliff Posture Unserious And Dishonest

Fiscal Cliff: President Obama is undeniably a shrewd tactician, so long as his tactics remain unscrutinized. Right now his approach to negotiations is as unbalanced as it is dishonest.

Some presidents honorably seek great bipartisan accomplishments, hoping what they compromise away won’t go too far. The 1986 tax reform act was a perfect example.

Simplifying the U.S. tax system’s 15 brackets into two marginal rates, the top one dropping to 28%, was an astonishing achievement by Ronald Reagan that many were sure was impossible. Most remarkably, prominent Democrats supported it.

Among Reagan’s major giveaways were appeasing Democrats’ class warfare tenets by agreeing to tax capital gains at the same rate as personal income; plus the 33% “bubble” rate some in the 28% range had to pay.

This kind of honest bargaining is not what Barack Obama is currently up to. He and Senate Majority Leader Harry Reid are simultaneously trying to wreck the Republican Party politically by destroying its credibility as an enemy of high taxation.

Read More at investors.com .

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Comments

  1. There is NO Fiscal cliff, it is a Cloward Piven “Manufactured Crisis. Pure Alinsky

    PURE MARXISM

    Google: Cloward & Piven “Strategy of a Manufactured Crisis”

  2. The catch is the 86.000 billion obligations Krauthammer is talking about. Obama does not want to talk about this becuase Obama wants to have the republican base split over either taxes versus cutting spending within the 5 trillion budget deficit which is peanuts compared to the 86 trillion. Obama wants to destroy the US financially so the majority of Christians will bow for his muslim Caliphate in whhich he will reign for ever.
    Obama will not have a third time … Obama will try to impose the US to the Caliphate.
    Obama will have his agents to play the ebel republicans and will have the democratic circles within the CIA and the army behind him.
    The democratics and the liberals already favor in a majority socialism.
    The rich in America will accept the Caliphate by comparing the richness of Qatar projected on the US homelands.

  3. REVOLUTION,thats what is coming when this goofy looking S.B. tries to impose muslim anything over this country LOCK&LOAD Semper FI

  4. Everything about Obama is dishonest and deceitful. He is the worst excuse for a human being that ever walked the earth much less who became president of this great nation. He is a total disgrace, a whining coward and a spineless disgusting speck of human debris.

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