Thursday, December 09, 2010

If You See the President's Spine, Please Call

President Obama is wandering around the White House, looking under sofas and behind doors and in closets for his spine.

I’m sitting here in disbelief, having just watched the President’s press conference on the deal he “negotiated” with the GOP on taxes. Obama defended the deal and slammed liberals for being sanctimonious purists, and even said that he was willing to take John Boehner at his word.

Take John Boehner at his word? The Sultan of NO, the Lord of Obstruction, the King of Corruption?

It’s clear that Obama is feeling the pressure because he’s talking complete gibberish, like when he compared the tax debate to the debate over the public health care option. He can’t be serious…the public health insurance option was pushed off the table and buried before one word was said about it…right about the time the health industry lobbyists came in to write the damn bill.

The Republicans gave up nothing and got more than what they asked for from the President. There was no reason to couple extension of the Bush tax cuts with an extension of unemployment benefits. None at all. The issues should have been considered separately.

Obama can spin it any way he wants, send the Vice President out to do the same, dispatch David Axelrod to jaw on Good Morning America, rev up the Obama for America machine, but the fact is that he allowed the GOP to box him in, knock him on his butt and then rub his face in the dirt.

As a percentage of GDP, Americans are not heavily taxed, so all this talk about taxes, taxes, taxes is bizarre. In point of fact, tax rates have fallen for years, particularly for high income people, which is a key reason why the gulf between haves and have nots in America is so dramatic.

The tax cuts will have a minor stimulative effect on jobs and consumer spending and a major impact on the size of the Federal deficit. Two or three years from now, the GOP will claim from every rooftop that America will default, implode or collapse unless spending is slashed to reduce the deficit, and the first programs the GOP will go for will be the same ones they always zero in on: Social Security and Medicare. Not defense spending. Not corporate tax rates. Not farm subsidies. Social Security and Medicare. Got to gut or kill those entitlement programs or the sky will fall.

President Obama is an intelligent man but he’s behaving like a captive. He talks about fighting back, but if he was ever going to roll up his sleeves and get his knuckles bloody, this was the fight, this was the issue, and this was the time. Instead of fighting, the President walked to his corner and sat on his stool.

The presidential spine is on the lam. If you see it on a street in your city or town, please call the White House immediately.

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