{"id":14014,"date":"2009-08-29T12:43:22","date_gmt":"2009-08-29T17:43:22","guid":{"rendered":"http:\/\/valorguardians.com\/blog\/?p=14014"},"modified":"2009-08-29T12:43:22","modified_gmt":"2009-08-29T17:43:22","slug":"wapo-warns-of-tax-hikes","status":"publish","type":"post","link":"https:\/\/www.azuse.cloud\/?p=14014","title":{"rendered":"WaPo warns of tax hikes"},"content":{"rendered":"

Lori Montgomery of the Washington Post<\/a> demonstrates her keen eye for the obvious this morning as she warns that tax hikes are on their way;<\/p>\n

During last year’s campaign, President Obama vowed to enact a bold agenda without raising taxes for the middle class, a pledge budget experts viewed with skepticism. Since then, a severe recession, massive deficits and a national debt that is swelling toward a 50-year high have only made his promise harder to keep. <\/p>\n

The Obama administration has insisted that the pledge will stand. But the president’s top economic advisers have refused to rule out broad-based tax increases to close the yawning gap between federal revenue and government spending and are warning of tough choices ahead. <\/p><\/blockquote>\n

Of course, it’s Bush’s fault, and although Republicans warned during the campaign that Obama couldn’t keep his myriad of patronage purchasing promises without raising taxes, Montgomery writes that Republicans are “already on the attack”. Um, most of Republicans have been on the attack since the campaign. Why do you think Republicans, with the exception of a spineless few, have generally opposed Obama’s budget-busting “stimulous” packages and oppose the healthcare proposal?<\/p>\n

Democrats say Obama is highly unlikely to break the pledge before next year’s congressional election and observe that it would be safer to wait until his second term if a tax increase becomes unavoidable. <\/p><\/blockquote>\n

Of course, Montgomery includes that line to demonstrate the Democrats’ political adeptness at fooling voters just one more time. But, most voters know that tax hikes are coming, it doesn’t matter when. We know Democrats won’t make the politically tough decisions – like cut spending – we all know that they’re so good at raising taxes. <\/p>\n

But poor Obama is a victim of the Bush boom;<\/p>\n

Obama not only faces the fallout from the worst economic downturn in 30 years, but also inherited the debt piled up by his predecessor, Republican George W. Bush. Bush invaded Iraq and approved an expensive new prescription drug benefit for the elderly while pushing through one of the biggest tax cuts of the post-war era — worth an estimated $1.6 trillion in foregone revenue by the time the provisions expire next year.<\/p><\/blockquote>\n

So the Washington Post, obviously, is wishing that Saddam Hussein was still in Iraq instead of under Iraq and the Washington Post wishes seniors would pay more for their drugs. And I guess the Washington Post wasn’t elated that they kept more of their money during the Bush boom. <\/p>\n","protected":false},"excerpt":{"rendered":"

Lori Montgomery of the Washington Post demonstrates her keen eye for the obvious this morning as … WaPo warns of tax hikes<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[46,88,47,6],"tags":[],"class_list":["post-14014","post","type-post","status-publish","format-standard","hentry","category-barack-obama","category-health-care-debate","category-liberals-suck","category-media"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/14014","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=14014"}],"version-history":[{"count":0,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/14014\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=14014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=14014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=14014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}