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Income Malaise of Middle
Class Complicates Democrats’
Stance in Talks

New York Times, by Annie Lowrey

Original Article

Posted By:JoniTx, 12/13/2012 10:51:09 AM

WASHINGTON — The income stagnation that has hit the middle class in the last decade is complicating the Democrats’ position in the fiscal talks, making it more difficult for them to advocate across-the-board tax increases if a deal falls through. Many Democrats have derided the expiring tax cuts as irresponsible since President George W. Bush signed them a decade ago. Yet the party is united in pushing to make the vast majority of them permanent, even though President Obama could ensure their expiration at year’s end with a simple veto.

      


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Reply 1 - Posted by: whyyeseyec, 12/13/2012 11:30:08 AM     (No. 9063456)

Some in the Media can articulate this, yet Boehner and McConnell remain silent or are completely ignorant of their surroundings.

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Reply 2 - Posted by: Pearson365, 12/13/2012 11:42:18 AM     (No. 9063485)

The party that forced Bush to accept a sunshine provision on his lowered rates now wants to keep the sun shining. But Messiah Obama said these evil rates created the problem (never explaining how), and that "we won´t go back" no matter how much we want to, to the years of prosperity & economic growth.

Are we nearing a point where Democrats are finally realizing that Obama´s policies are both delusional & destructive? Yesterday, Democrat Senators spoke openly about repealing ObamaCare, including the Illinois radical, Dick Durbin.

Media is focusing on GOP squabbles over pleasing Obama while ignoring Dems displeasure with Obama.

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Reply 3 - Posted by: oh-heck, 12/13/2012 2:05:16 PM     (No. 9063774)

This is a very subtle play of the NY Times. A Congress of both parties agreed to what is coming and the President signed the bill. The tax cuts from both sides, the Payroll Tax Holiday, and Emergency Unemployment all end. The Sequester kicks in Jan 1. The first few of many Obamacare taxes begin. The Slimes is playing this as a problem for the GOP to solve. The Dems want the tax increase, they just want it to be poison pill for the GOP by insisting that taxes go up for the rich. Lets see how the poor and middle class like being taxed more. If you don´t let people learn what misery awaits when the Dems take control, you will get a carbon tax and possibly a VAT before the year is out.

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