BornLib's Blog

Life, Liberty, and the Firearms that protect them both

How to go from lose-lose to win-win

with one comment

HotAir: Boehner to Obama: Thanks for the veto threat!

The short version is that Obama has been putting pressure on Congressional Republicans to temporarily extend his fairly useless payroll-tax cuts (useless mainly because they are temporary).  Republicans have been resisting it, because like all of the President’s stimulus measures they have succeeded only in spending money we don’t have, which put them in a position where Democrats could demagogue them as wanting to raise taxes on the middle class while preserving tax cuts for the “rich.”

It was a nasty pickle, to be sure.  Then, our glorious leader said this:

Any effort to try to tie Keystone to the payroll-tax cut, I will reject.

So now Obama has painted himself into a corner.  All Republicans have to do is call his bluff.  If he vetoes it, it’ll be him who killed the payroll-tax cut.  If he doesn’t, not only will he be diminished by having to back off from his threat but America will get oil and jobs.

Maybe it’s all reverse psychology and the President secretly wants both the payroll-tax cut extension and the oil pipeline, and is trying to use the Republicans to screen him from the environmentalists fighting the pipeline, and is willing to take the hit to his stature that caving on a veto threat would bring to accomplish this.  Given the size of the man’s ego, I doubt that’s the case though.

Update: Here is a an even better reason to discard that theory.  Straight from the President himself:

However many jobs might be generated by a Keystone pipeline, they’re going to be a lot fewer than the jobs that are created by extending the payroll tax cut and extending unemployment insurance.

So yes, not only does he believe paying people to not work creates jobs, but creates more jobs than a private enterprise that transports oil to the United States.  To think, if I had gone to Harvard I could have learned stuff like this as well.

Written by BornLib

December 9, 2011 at 9:14 pm

Posted in Economics, Liberalism

One Response

Subscribe to comments with RSS.

  1. […] two weeks ago I was feeling good about how Obama had managed to hand the GOP a way out of the Payroll Tax trap […]

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: