Surprise surprise. Let the Obama Fold Begin! Again!!
After failing to fight to end the Bush Tax Cuts in 2010, and promising that he'll fight to end them the next time around, The Hill is reporting that Obama has, predictably, folded on ending the Bush Tax Cuts for the wealthiest Americans, tax cuts that have exploded the deficit.
President Obama is not pushing for the end of the Bush tax rates for the wealthy in negotiations on raising the $14.3 trillion debt ceiling.
The White House on Monday underlined that Obama is pushing for Republicans to agree to eliminate certain tax breaks and loopholes for businesses and wealthier taxpayers, but is not trying to eliminate Bush-era tax rates for families making more than $250,000.
Obama still wants to end those tax rates, but with time running out on the debt-ceiling talks, the White House made it clear Monday that it has changed targets in the current negotiations.
This President folds like a cheap lawn chair, and he does it each and every time.
Is there anything, anything, that this President will fight for, other than more and longer wars, punishing whistleblowers, keeping the ban on gay marriage intact?? Now somebody please explain to me why Progressives should support Obama's reelection? And please save the "But Teh GOP Will Win If We Don't" bullshit, because all we are getting is conservative policies and victories from DC with Obama in office, and he hasn't done anything to fix the economy other than a few half-measures 2+ years ago.