WSJ: Clinton and Obama for Bush ("He might as well invoke the oracle himself")

[Amerigo Vespucci]

http://online.wsj.com/article/SB10001424052748704457604576011940005049726.html?mod=googlenews_wsj

DECEMBER 11, 2010

Clinton and Obama for Bush
Two Democrats stump for tax cuts.

We thought we'd seen everything in politics, but yesterday was truly miraculous: There in the White House press room was none other than former Democratic President Bill Clinton appearing with current Democratic President Barack Obama to endorse the tax cuts of Republican George W. Bush.

"In my opinion, this is a good bill, and I hope that my fellow Democrats will support it,'' Mr. Clinton said in praise of the Obama-Republican tax deal that would extend the tax rates on capital and upper incomes that passed in 2001 and 2003. Keep the sharp objects away from Bernie Sanders, please.

Both Democrats have devoted most of their political lives to denouncing such tax cuts—for their injustice, for increasing the deficit, for any other ill you can imagine. But 9.8% unemployment half way through a Democratic President's term tends to discombobulate the partisan mind. So Barack brought in Bill to help persuade a liberal Democratic base that is having a harder time forgetting two generations of anti-rich populism. Or as Mr. Clinton once famously said, "You gotta do what you gotta do."

If Mr. Obama wants to take this bipartisan thing even further, we have a suggestion. Next time he should cut out the Presidential middle man and invite Mr. Bush for a White House drop-by. Since we all now believe that the Bush tax rates are vital to our economic future, he might as well invoke the oracle himself.

[sasha031]

1. whoa, and that's from wsj

[Dinger]

3. Whoa Is Right!

Damn.

[BrklynLiberal]

2. I am a bit taken aback to find that is from the WSJ....I agree with it.

[femrap]

5. The WSJ is so taken aback

because I think they know that, in reality, this is Economic Suicide.

The markets will not accept this level of debt. The Treasury market already had big drops this week. I don't think China will either. It's insane. Giving the rich tax cuts in the past has not created jobs, why should it do so in the future?

It's 1928 all over again. Obama is out of his mind if he thinks he has dodged The Greater Depression. He just postponed it a bit. I think the Rich know it's over for the US and they're cashing in while they can get away with it.

It's all going to end very badly. 2011: as Bette Davis said in 'All About Eve,' 'Fasten your seat belt.......'

It is so surreal....Obama, Clinton....supporting the tax policies of W for the top 2% of the nation.

I need a drink....
:toast:

I so enjoyed listening to Bernie Sanders today...I agreed with him on every point he made. I miss my country....it's gone.

[BrklynLiberal]

8. Bernie Sanders...What a hero he is...

[mix]

9. +1 nt

[cui bono]

4. CLEARLY something happens to you when you become president.

I just don't know if it's threats or promises.

[hay rick]

6. Has the WSJ dropped their advocacy for the rich or

have Clinton and Obama jumped ship? Time for a Republican smirkfest.

[sasha031]

7. are they trying to destroy the country