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echo: pol_inc
to: ALL
from: BOB KLAHN
date: 2010-12-14 20:08:08
subject: Doom and Gloom for Republicans

Attn Republicans... it seems you got it all wrong...

 *Swindle of the year*

 By Charles Krauthammer
 Friday, December 10, 2010;

 Barack Obama won the great tax-cut showdown of 2010 - and House
 Democrats don't have a clue that he did. In the deal struck
 this week, the president negotiated the biggest stimulus in
 American history, larger than his $814 billion 2009 stimulus
 package. It will pump a trillion borrowed Chinese dollars into
 the U.S. economy over the next two years - which just happen to
 be the two years of the run-up to the next presidential
 election. This is a defeat?

 ...

 the 2010 campaign. And yet, despite a very weak post-election
 hand, Obama got the Republicans to offer to increase spending
 and cut taxes by $990 billion over two years. Two-thirds of that

 ...

 No mean achievement. After all, these are the same Republicans
 who spent 2010 running on limited government and reducing debt.
 ...
 Stimulus II will still blow another near-$1 trillion hole in the
 budget.

 At great cost that will have to be paid after this newest free
 lunch, the package will add as much as 1 percent to GDP and
 lower the unemployment rate by about 1.5 percentage points.
 That could easily be the difference between victory and defeat
 in 2012.
 ...
 reelection chances, he gets them to make a mockery of their
 newfound, second-chance, post-Bush, Tea-Party,
 this-time-we're-serious persona of debt-averse fiscal responsibility.

 And he gets all this in return for what? For a mere two-year
 postponement of a mere 4.6-point increase in marginal tax rates

 ...

 No, says the current buzz, the left will instead challenge
 Obama for the Democratic nomination. Really now? For decades,
 African Americans have been this party's most loyal
 constituency. They vote 9 to 1 Democratic through hell and high
 water, through impeachment and recession, through everything.
 After four centuries of enduring much, African Americans finally
 see one of their own achieve the presidency. And their own party
 is going to deny him a shot at his own reelection?

 ...

BOB KLAHN bob.klahn{at}sev.org   http://home.toltbbs.com/bobklahn

... "the Bush administration saw the largest fiscal erosion in American history
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