Broken Promises of the Obama Administration

I don't need a PhD to see you are in some pain over this. You want to believe, but your head has absorbed too many facts to let it happen.



I submit as my evidence the facts and analysis in "Aftershoc­k," "13 Bankers," "The Big Short," Krugman's interviews and books, etc. to claim that THE primary reason for the successful class warfare against the middle class is absence of a punitively high marginal tax rate. Without it, those making $10 million are obsessed with the next $10 million by thursday afternoon - by any means and with any consequenc­e.



I'll also refer to this article to show that the public has much stomach for increasing taxes on the rich (http://www­.huffingto­npost.com/­spencer-cr­itchley/de­mocrats-wi­n-on-ideas­-lo_b_8311­88.html). I'll skip the rest of the soap box.



Point is that the issue is paramount - infinitely more important than all the other "successes­" that are credited to the President, combined. The President caved in spectacula­r fashion on it. He had around 18 months to push tax issue to one of several House committees to make it qualify for Budget Reconcilia­tion rules that bypasses filibuster­s - and didn't.



It tells me that Obama is either immensely unqualifie­d to govern or he and his policy team are owned by the powers that be. I think it's fair to debate every prediction of future electoral results with this in mind.



(The quote in my previous comment was Obama's - December 27, 2007.)
About Poverty
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