Sunday, December 16, 2012

What's He Going For?

"As for the alleged curative effect on debt of Obama's tax-rate demand — the full rate hike on the "rich" would have reduced the 2012 deficit from $1.10 trillion to $1.02 trillion.

"That's a joke, a rounding error.

"Such nonsense abounds because Obama's objective in these negotiations is not economic but political: not to solve the debt crisis but to fracture the Republican majority in the House. Get Boehner to cave, pass the tax hike with Democratic votes provided by Minority Leader Nancy Pelosi and let the Republican civil war begin."

I don't think Obama's as sinister as CK paints him to be - I think he just has no idea how to make a deal and is poorly advised.

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