So – I’m reading this Washington Post story about Obama’s message in Milwaukee and have to take note of a few things. (the last of which will be the dog comment)
1 – After noting how the Republicans say “no, no, NO!” to every idea he has (remember this bit for later), Obama gives this proposal. $50 billion for infrastructure.
White House officials said the $50 billion in new government spending would be the first installment of a six-year transportation strategy that would include investments in high-speed rail and air traffic control. To pay for it, the administration would raise taxes on oil and gas companies.
Take note. To pay for this plan, the administration is going to raise taxes on oil and gas companies. Now lets use our own bit of common sense. Oil and gas companies have just taken a huge hit with the gulf situation and they now face, what the media is calling “an uncertain future”.
By raising the taxes on these companies, they can either a) slow hiring, or b) raise prices, or c) do all of the above to cover it. They’ll need to cover it somehow.
So the oil/gas companies who in the private sector hire a lot of people are to pay for the infrastructure that everyone uses so that Obama can hire a few people to cover. Or – to be honest – so that Obama can say he’s “saved” 4 million jobs by January.
2. Oh wait….. Obama has 2 other plans. One of which is:
a plan to let companies write off 100 percent of their new investment in plant and equipment this year and next.
The latter proposal would cost the Treasury about $30 billion over the next decade, but it would provide a much bigger boost to business in the short term, an administration official said Monday night, by encouraging companies to invest now, tax-free. White House economists say the plan would cut business taxes by nearly $200 billion over the next two years, though much of the money would be recouped thereafter.
Yes – Obama is noting that by cutting taxes businesses might just be encouraged to spend.
Isn’t that the kind of idea that Republicans are saying “yes” to?
3. – What the heck is “talk about me like a dog” mean?
Obama defended his record and criticized Republicans and his Washington foes as opponents of the middle class “who talk about me like a dog.”
Does he talk about his dog in terms like “bad leader”, or “in over his head” or maybe it’s just “get off the desk!”. What the heck is he talking about?
Here is a great column by Peter Wehner, about Obama’s thin skin written 3 months ago. However – it’s apropo concerning the dog and so I give it the quote of the day. (ht Instapundit)
And Obama needs someone who has standing in his life to tell him that the presidency is a revered institution that should not be treated as if it were a ward in Chicago.
Amen.
0 Responses to “Our President”