Raise taxes on high earners, corporatist subsidization, fiscal cliff ahead, debt ceiling looming… Nothing changed.
President Obama, claiming his election “majority” was a vindication of his fiscal policy, held firm Friday to his intention to include tax hikes for America’s top earners in any negotiations with Congress to pull the nation back from the so-called “fiscal cliff.”
The president, in his first remarks from Washington since winning a second term, urged officials to “get to work” on the issue as he invited congressional leaders to the White House next week. He said he’s open to “compromise,” but did not appear to budge on what has been a central disagreement over the last two years — whether to extend the Bush-era tax rates for everyone, or to let them lapse for households making more than $250,000.
“I refuse to accept any approach that isn’t balanced,” Obama said Friday, without explicitly mentioning the Bush tax rates. “This was a central question during the election … and on Tuesday night, we found out that a majority of Americans agree with my approach.”
There you go America. Same old shit we have been talking about for two years. For the last six months Obama has been campaigning that he isn’t an incapable, uncompromising, and careless leader. Here you go. Same shit, different day.
Buckle up, folks. We’re going for ride.