Wednesday, November 09, 2011
The 'Go Big' Illusion - WSJ.com
As usual, it's not about helping Americans; it's ALL about getting re-elected...
A recent Wall Street Journal editorial informs us of this:
"As for Mr. Obama, our sources say the White House has been working behind the scenes to scuttle any deal that doesn't have well north of $1 trillion in tax increases. This fits his campaign theme that what he calls 'the Republican Congress' is responsible for 9% unemployment. A bipartisan deal without a major tax increase makes that narrative harder to sell.
Thus in the same way that he tossed aside his own Bowles-Simpson deficit commission, Mr. Obama now wants the super committee he endorsed in August to blow up so he can run against Congress and 'millionaires and billionaires.' Mr. Obama wants voters to forget that Democrats still control the Senate, and he wouldn't mind sacrificing the upper house next year if it helps retain his lease on the White House."