President Obama Urges Senate Republicans to Drop their Blockade - Page 2
So, in yet another incident of party politics, the Republicans use their filibuster powers to block a bill that could help stimulate the economy and create jobs. If it sounds like sabotage . . . well, if the shoe fits. This time, the Party who purports to be a champion of small business is adamantly resisting a bill designed to help that very segment. The Republicans base their entire argument for extending the Bush tax cuts for the rich on the assertion that their expiration would have a negative impact on small business, yet they won’t support this fully funded bill to lend aid. Conservative voters should take heed, because this is just Exhibit n+1, amongst a vast body of evidence clearly showing where Republican loyalties lie.
President Obama did mention a handful of other items being pursued by his administration. He emphasized the extension of the Bush tax cuts for the middle class, although he gave no indication of how they might achieve their approval without also extending the cuts for the rich. The Democrats are incapable of such a move without GOP support, and thus far, Senate Republicans remain firm in their resolve to force the Democrats to choose either an across the board extension or nothing at all. The fact that they fail to explain the inconsistency between their concern for the deficit and their desire to add $678 billion in debt from extending the cuts for the rich, is but one more piece of empirical evidence that they really care little about anything beyond minimizing the tax burden for America’s most wealthy.The President also stated that they were considering further tax cuts to encourage businesses to create jobs in the U.S. and listed certain other initiatives being pursued, including, “rebuilding more infrastructure for the future” and “redoubling our investment in clean energy and research and development.” He gave no details on these items, nor did he mention the current stimulus, which is actively engaged in these initiatives today.
Why the President continues to shy away from discussing the stimulus, which is credited by economists for avoiding 2 addition percentage points of unemployment and adding millions of jobs, is peculiar to say the least. The program is currently providing critical aid in moving our nation into a clean, alternative energy future and also building infrastructure, in the form of public transportation and a smart grid, while also transforming the way the federal government does business in a very meaningful way. These efforts should be publicly shared as cornerstone achievements, as evidence of Obama’s success rather than known only to those who bother to take a close look.Continued on the next page