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Massachusetts Liberal

Observations on politics, the media and life in Massachusetts and beyond from the left side of the road.

Monday, September 19, 2011

Battle lines being drawn

The deficit reduction proposal being offered by Barack Obama today is dead on arrival in Congress. But that's not the primary audience.

By embracing both a millionaire's tax and rejecting massive changes in entitlements, Obama is at long last laying down political markers to match those his opponents have been setting since his election.

Predictably, the GOP has already risen to the defense of the downtrodden, lamenting the proposed tax increase as "class warfare." Says House Budget Chief Paul Ryan:
“Class warfare may make for really good politics, but it makes for rotten economics.”
Right. And balancing the budget on health care for the poor and elderly and threatening the retirement benefits of those who can't afford $6,000 shower curtains isn't class warfare?

But Ryan is right in one regard: Obama appears to finally be playing politics, defined by listening to the voters who support tax increases to help pay down the deficit that Republicans cared about only after Obama was elected.

The proposals are window dressing because the task of budget cutting is now in the hands of a congressional super committee. While Obama could veto their work, it's far more likely that Obama and Democrats will stick to his guns and not try to negotiate with opponents whose only goal is his defeat.

And the destruction of the way of life as we have known it for four generations.

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Anonymous wellbasically said...

This is not a serious proposal. He's tried this before and it blew up in the 2010 election. How will raising taxes on investors get me a better job?

September 19, 2011 11:40 AM  

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