Good post, and I like the Trillion Dollar Baby meme for Obama. Hey, the Obama “tax cut” is worse than you described. It’s $400 = $8/week for worker, double for hus/wife, but it phases out for most people smart enough to read pajamasmedia (with higher incomes)……..thus, we get zero.
Another thing, Bush’s 1st summer, ’01 passing terrific tax cuts, actually was only passed because the Democrats in the Senate required it to expire after 10 years. So, that wasn’t Bush’s fault. And the Dems in the Senate didn’t want the Alternative Min Tax (AMT) to be repealed. BTW, Clinton vetoed the repeal in ’99. His lack of signature cost me $20,000 last year. Thanks BILL !! We are certainly entering a new level of tax hell with Obama/Pelosi…….at a tipping point in our economic history when our private sector can least afford it. It seems everything Obama wants to do and is doing, is damaging to our private sector vitality. We’re in BIG trouble.
