Category Archives: Economy
Kick the Can
It’s a Joke, Get it?
The president reminded us he was making a little Jeopardy joke the other day as he introduced Joe the Plumber Spy, Richard Cordray, as top consumer bureaucrat.
Another joke is the way Obama likes to remind us he’s one of the elite and we’re not – unless, of course, we really are keeping hundreds of thousands of dollars we don’t need. He recently did this by targeting bestselling authors, ahem, like himself, for higher taxes. (Here’s a rude bestseller who doesn’t want to join the club). Other times he likes to try a little upwardly mobile bonding with moneybags like Mark Zuckerberg .
Gregg Easterbrook says if Obama wants to pay more taxes, he should just do it.
Bluff
The president admitted that he’s bluffing on the debt ceiling by ordering Eric Cantor not to call him on it. Mitch McConnell acknowledged he doesn’t have the votes for the cuts Republicans want, so he offered a complicated “fallback” plan. McConnell’s plan let’s Obama have his way with Congress but Republicans get to vote against it. Theoretically, that would be useful next election, provided voters can figure what the hell he’s talking about.
Gotcha, Granny
When your local school district needs to pass a levy – or else, what’s the first thing they threaten to cut? The Assistant to the Associate Director of Developmentally Appropriate Curriculum Enrichment? Hell, no.
More Sacred Bull
The president is sharing the sacrificial bull till the sacred cows come home. He has the Republicans where he wants em, continue building on his 24% grab of the economy or take the blame for a social security scare.
