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Via this tweet the Lonely Conservative shows why Morning Joe didn’t have any clips of Bob Scheiffer this morning
It looks to me that this is a conversation really doesn’t help advance their template today so I guess Scheiffer is off the table, we’ll leave it to Breitbart TV.
When the initial Bush tax cuts were proposed the making of the tax cuts temporary was a compromise that democrats and liberal republicans managed to forge to keep their constituents happy. If they could not stop the Bush Tax Cuts they could at least make them expire thus giving some consolation to their progressive followers.
Although Bush over and over suggested the Tax cuts be made permanent he could not manage to find the votes.
Now we come to 2010. The economy is bad and unemployment is rampant and now Democrats who were so proud to keep the Bush tax rates from becoming permanent find themselves trapped once again!
Once again the left is screaming “tax cuts for the rich” and their supporters are screaming for them not to cave in figuring that even after the republicans take control in a month they will not have the votes to get it passed.
Meanwhile Republicans are pushing to make the Bush rates permanent.
And so the white house and their advisers are leaning toward compromise, another extension, maybe two years of the Bush Tax Cuts. And thus the trap is set again.
The smart thing for the administration would be to pass the cuts NOW and make them permanent for several reasons.
1. This will take the issue off the table, every time they simply extend the “Bush tax cuts” it sets up democrats in an election years to defend increasing taxes on business. (You know the folks who actually hire people.)
2. As long as they are not permanent they remain the “Bush Tax Cuts”. Once they are permanent then they just become the US tax rates. Keeping them temporary keeps them associated with republicans and George W. Bush.
3. If a democratic congress passes the tax cuts, then they not the republicans will get (and actually deserve) credit for the positive economic results. If it is passed once republicans are in power, republicans will get (and deserve) the credit for the results.
4. If they are not passed and the economy gets worse (as the result of the tax hike) Republicans can directly blame democrats. Great issue for 2012.
5. And finally if this is done NOW, then democrats have two years to placate their base. It will be over and done with.
Making the tax rates permanent would be not only the right thing but also the smart thing. That’s why I’m positive the democrats will fall right into the trap and simply vote for an extension at best. Given the chance to do the right or smart thing, the Democrats can be counted on to miss the boat.
I wonder if George W. saw all of this coming years ago and actually intended to set this trap for the left?
Update: Crooks and Liars thinks the democrats have the GOP right where they want them. I’m telling you it’s just too easy. How do we ever lose elections to those guys?
As I was going door to door yesterday I stopped at a book store that absolutely screams “progressive” but is a mostly cool place with a fair amount of Anime and some wonderful used old volumes. At the store I asked the question I ask at almost every business, what would you do to stimulate the economy?
It was his opinion that the problems were systemic (first person to have that conclusion that I talked to) however there is one thing he knew for sure:
I wouldn’t give tax cuts to the rich.
I don’t know who he thinks actually hires people (I’ve never seen a paycheck written by a poor person) but his opinion has been a distinct minority in the hundreds of doors I’ve knocked on in the last month.
It’s certainly not my business to argue with potential customers (and he is more than welcome to get on our customer waiting list with the show sold out) but let me make the opposite case.
It has been amply demonstrated that Cutting Taxes across the board increases tax revenue as the money gets spent over and over (and is taxed over and over at the lower rate). It’s a simple business principle. You make more money selling 5 items with a $1 markup then 2 items at a $2 markup.
Remember Williams Restaurant? If you can’t sell a $20 steak sell $8 burgers and sell more of them.
People seems to have this image of rich people as Scrooge McDuck with a Money Pile diving into it, or of Mr. Krabs chasing pennies, you are more likely to see the rich chasing profit and or comfort and both of those things generate jobs.
It is the rich who chasing profit, invest in new business’ and ventures financing both their ideas and the ideas of others. This is the a big job creator.
And it is also the rich who after making said money buy expensive things like yachts and customer cars or restoring WW 2 Tanks and other expensive hobbies, this employees a lot of people.
And it is the rich who keep their houses spic and span hiring staff and cleaning companies and landscapers etc…
And if you are an artist, tell me who is going to pay you $5000 for some bent metal or a faux stuffed emu? It is not going to be the avg guy. It is either going to be the rich who have money or the government who is spending another persons money.
The truth is many people don’t care about the revenue levels, they are simply socialists looking to redistribute wealth and punish those who in their mind have too much.
The secret to a happy life is to not worry about if someone else has more than you. Do the best you can with what you have and appreciate it.
And as I type this the unemployment rate went up to 9.8%. Unexpectedly I’m sure.
As you know I love the book Man of the House In it Tip O’Neill tells the story of Mrs. O’Brien during his 1935 race for the Cambridge City Council. The only race he ever lost. When she says to him that she will vote for him even though he didn’t ask.
When O’Neill protested that he had known her since he was a child, had shoveled her walk and cut her grass, and didn’t think he had to ask for her vote, she replied, “Tom, let me tell you something. People like to be asked.”
Yesterday after my dentist appointment I was going door to door to business in Leominster promoting the show and trying to sell ads. I was having no luck selling when I noticed a small insignificant looking African variety store with a Ghanian flag on the door.
Logic said pass it by after all at best I could hope to sell a $20 ad for a single week, so why bother when Wyman’s Liquor Mart Inc was across the street and Leominster Credit Union was there. But you know I was there and it never hurts to ask. Turned out the man there owns an international shipping company that ships to the gold coast of Africa: Ghana, Liberia, Guinea, Nigeria and when I told him the range of my 50,000 watt radio signal he asked me to come back on Tuesday with Ad samples.
If I had ignored that little story I would have lost my best lead of the day.
Which brings us to the blog htotherdizzle and Hallie Miller.
Last night I found a comment pending for my Good News runneth over post it said the following:
Hi! My name is Hallie and I have entered a Savvy Magazine photo shoot contest. I know you don’t know me but the winners are chosen by the public and if the public doesn’t know they need to vote…well, you guessed it, no one votes! Could you take a moment and look at my photos and decide if you would vote for me or not? Thanks! Here’s the link, could you pass it along?
It had all the classic signs of spam, an icon of a beautiful woman, a link different from the e-mail but I also noticed it was a wordpress blog, and my spam filter didn’t grab it. Intrigued I searched for the name, and did a search for the link and sure enough it goes to a modeling site that is having a contest.
I thought of Tip O’Neill’s story and I thought of all the doors I have knocked on in the last few days and realized she is doing the exact same thing I am. She is chasing her dream unafraid to ask a total stranger to help.
So Hallie Miller this is my gift to you, I am not only approving your comment, and voting for you but I am linking to your post on the contest and putting up this blog post to let everybody know about it.
I hope my readers go to the Explore modeling Site to vote for you.
Happy Thanksgiving Hallie!
Update: I didn’t include a picture of Hallie Miller because I didn’t have her permission, but I did tell the story to Stacy McCain who is a lot less shy.
Oh BTW you can vote once per day. Works for me.
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