So Barack Obama is on his soapbox, demonizing tax cuts. He didn’t stop after last night at the DNC, when he said:
Now, our friends at the Republican convention were more than happy to talk about everything they think is wrong with America, but they didn't have much to say about how they'd make it right. They want your vote, but they don't want you to know their plan. And that's because all they have to offer is the same prescription they've had for the last thirty years: Have a surplus? Try a tax cut. Deficit too high? Try another. Feel a cold coming on? Take two tax cuts, roll back some regulations, and call us in the morning!
Today on Obama’s Twitter account, it read:
POTUS on the GOP’s plan: Tax cuts when times are good, tax cuts when times are bad. Tax cuts to cure your love life.
Hmm . . . JFK cut taxes. Bill Clinton, once he got his head out of his liberal posterior, cut capital gains taxes in 1997, spurring an economic ascension. (Obama will have to forgive me for using that word; people around him only use it in reference to his messianic destiny.)
There has only been one candidate who ever made raising taxes the centerpiece of his campaign: Walter Mondale.
He won one state: his own. He also won Washington D.C. That was it.
For those who would think tax cuts are an integral part of economic recovery, Obama’s patronizing attitude is insulting. But then, virtually everything Obama does conveys a basic contempt for the kind of common sense that most Americans have about their finances. It’s all smoke and mirrors for him.
But the smoke is clearing fast.