MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
Of course, it's no surprise a Republican bigshot would see the serious issue of the national debt in cartoon terms, so does The GOP Base for all I know. The question is does he have a point?
".....But the president increased his revenue demand by $400 billion. In other words, and surely inadvertently, he tanked his own "grand bargain."
This was a negotiating strategy he apparently picked up from Daffy Duck, who once ended a rapid-fire exchange at gunpoint with Bugs Bunny by turning the rifle on himself and pulling the trigger.
The Republicans walked. He raged. And nine days later, he was standing there endorsing a deal that didn't feature $800 billion in revenues. It didn't feature 800 cents in revenues. It featured nothing.
He was reduced to saying he basically hoped there would be revenues added in November, when a bipartisan group is forced to recommend an additional $1.5 trillion in cuts.
But those cuts come over and above the $1 trillion in immediate cuts -- cuts he had said he would not countenance without a larger and more ambitious "grand bargain...."
Obama is still 'hinting' he will, one day, finally end the Bush tax cuts for the wealthy. Does anyone actually believe that will ever happen?