Obama vs. Obama
“In a little over one hundred days, this Recovery Act has worked as intended. It has already extended unemployment insurance and health insurance to those who have lost their jobs in this recession. It has delivered $43 billion in tax relief to American working families and businesses." President Obama 7/12/09.
“I've said to Republican leaders: You go talk to your constituents and ask them, 'Are you willing to compromise your kids' safety so some corporate-jet owner can get a tax break?'" President Obama 6/29/11.
You've probably already guessed that the accelerated depreciation provision for evil corporate-jet operators so offensive to 2011 Obama was a provision of the miraculous Great-Depression-preventing near-billion-dollar stimulus trumpeted by the president in his long ago 2009 incarnation.
President Obama is criticizing Republicans for his own policy, not theirs.
Just another example of what Ann Coulter describes in Demonic as playing to the mob: all imagery, facts be damned.
(H/T The Heritage Foundation).
[Errata-6/30, 8:10 a.m. PDT: Of course, I should have written "near-trillion-dollar stimulus" above. After a while, the mind refuses to digest the escalating fiscal nomenclature of statism. Alright, alright--I mistyped. Anyone know what comes after "trillion"?]
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Comments :
May '10
Re: Obama vs. Obama
"I've said to Republican leaders: You go talk to your constituents and ask them, 'Are you willing to compromise your kids' safety so some corporate-jet owner can get a tax break?'" President Obama 6/29/11.
Hopeless, he's just hopeless.
Jul '10
Re: Obama vs. Obama
And while they are at it they should ask if they are willing to compromise their kids safety so someone can own a Private Yacht, or will they support a modest Luxury Tax on the purchases by the very richest in society. They can still have their Luxury Yacht, they'll just have to pay a little more for it.
That's fair and reasonable isn't it?
Feb '11
Re: Obama vs. Obama
George Savage
You've probably already guessed that the accelerated depreciation provision for evil corporate-jet operators so offensive to 2011 Obama was a provision of the miraculous Great-Depression-preventing near-billion-dollar stimulus trumpeted by the president in his long ago 2009 incarnation.
"near billion?"
Re: Obama vs. Obama
Israel P.
George Savage
You've probably already guessed that the accelerated depreciation provision for evil corporate-jet operators so offensive to 2011 Obama was a provision of the miraculous Great-Depression-preventing near-billion-dollar stimulus trumpeted by the president in his long ago 2009 incarnation.
"near billion?" · Jun 30 at 3:35am
Sure. I probably should have written "multi-trillion." A $782 billion stimulus--or did Pelosi's final bill total $862 billion? Who can keep track?--when added to the budget baseline, as with Obama's disastrous spending splurge, carries on forever.
Just recall the howls from the left when the House Republicans tried to cut $100 billion, then $60, $35 ... eventually slicing a few hundred million dollars--maybe--from the new wildly inflated baseline.
Re: Obama vs. Obama
Oops. My apologies, Israel P. You were correcting my typo and my brain steadfastly refused to see the "b" in "billion," automatically filling in "tr" for trillion.
I was about 1/2 mile from home on my morning run in the crisp California air when whatever brain cells decode language lurched, screeching, into something like normal operation, and I realized my error.
At some point, I suppose, the mind boggles at the nomenclature of big government.
Incidentally, does anyone know what comes after "trillion"?
Jan '11
Re: Obama vs. Obama
Mathematically: quadrillion
In real life: DOOM
May '10
Re: Obama vs. Obama
Margaret Ball
Mathematically: quadrillion
In real life: DOOM · Jun 30 at 8:43am
Margaret, you beat me to the punch! I was going to say BANKRUPTCY, but I believe either form is accepted.
After quadrillion comes quintillion, sextillion, septillion....
Feb '11
Re: Obama vs. Obama
Not only is he bemoaning something he supported, which is bad enough, but it is accelerated depreciation. Unless they allowed jet owners to depreciate >100% of the cost of the asset it isn't exactly cutting someone's taxes, but rather changing the timing on the tax expense. So I guess the net present value of the tax receipts under the accelerated depreciation schedule is significantly lower than under normal depreciation schedules and this in turn is causing the mass starving of children.
Re: Obama vs. Obama
OC, Ann Coulter's analysis in her new book illuminates the disconnect we are having with President Obama. Conservatives are bound by the strictures of logic and reason, while liberals prefer crowd psychology. The mob responds to emotion and imagery, and is not distressed by logical fallacy or inconsistency. At its core, Obama's approach, as detailed in Alinsky's Rules for Radicals, is solely about moving the crowd.
But crowds are fickle, and Obama's supporters--most of whom are suffering economically along with everybody else--may just turn on their hero in time for the election.
Feb '11
Re: Obama vs. Obama
George-
You and Ann are correct. This is another reason why it is good for conservatives to have children- practice debating and reasoning with an irrational person having a temper tantrum.
But stuff like this has to sting those (naming no names) who spoke so highly of Obama's "temperament" and envisioned him as a dispassionate philosopher king.
Edited on Jun 30, 2011 at 12:28pm