Patriot Update - A Free Press for the Conservative Revolution

Politics:

Obama Sets Himself Up to Win No Matter What Happens to Economy

Obama's out there saying that if we don't pass the extension of the Bush tax rates we face the possibility of a double-dip recession. Now, first, in order to have a second recession you have to get out of your first recession which we're not out of the first recession. So having a double-dip is still a matter of events. But, folks, there is something going on here. Obama has not had a come-to-Jesus meeting or event here. He has not changed who he is. There's something else going on. Now all of a sudden this enthusiasm to extend the Bush tax cuts. And I think I've got this figured out. The key here is that there is nothing stimulative about them, and yet Obama is portraying them as stimulative. Why? 'Cause he knows it's gonna fail to stimulate. This is not a tax cut. And even if it were, two years is not enough for a tax cut to really indicate economic growth. It took four years for Reagan's to kick in, three to four years.

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