Thread: Obama Mounts Two-Front Attack On Romney

Obama Mounts Two-Front Attack On Romney

Obama Emphasizes Deficit Credentials, Broadens Fight Over Bush Tax Cuts

By Jon Ward | HuffPost | 08/01/2012 10:10 pm
Excerpts:

WASHINGTON - "To cut the deficit, we need everyone to pay their fair share." Obama is now playing deficit hawk as well as populist. And it looks like an attempt to turn the fight over the Bush tax cuts from a one-front war into a two-front conflict.

The one-front war is Obama arguing that the rich should pay more because that is only fair, and Romney arguing that they should not because any tax increase in a stagnant economy will impair economic growth. To an electorate that wants results more than anything, Obama's fairness argument puts him at a disadvantage, even though it has undoubtedly paid off with blue-collar voters in industrial swing states.

A two-front battle is Obama maintaining the fairness argument while trying to undercut Romney's advantage among voters for whom fiscal responsibility is a top priority. The deficit ranks behind the economy/jobs and health care in recent polls when voters are asked what issues are most important to them.

Obama has been arguing for some time that Romney's tax plan will add $5 trillion to the deficit. But he got some ammunition Wednesday from the Tax Policy Center, when Urban Institute-Brookings Institution joint venture issued a report saying that Romney's plan to cut rates for all tax brackets, lower the corporate rate, and keep taxes on investments low, without adding to the deficit, would require taxes to go up for middle- and low-income earners.

"It's either a middle-class tax increase or it increases the deficit," an Obama policy adviser, who was not authorized to talk to the press on the record, told The Huffington Post.

And there you have it. Obama's brief is that Romney is either going to screw the working-class or that he'll be a fiscal profligate. And it doesn't hurt if voters hear both messages.

"Obviously the tax cuts are the dessert, and they are eager to have the fight about that," the Obama adviser said of the Romney campaign. "And the point of today's report is there's no easy way to get there."

The economic growth that might result from tax cuts is hard to predict. And so this debate over how Romney would avoid blowing up the deficit, if it continues, will move toward how much Romney would cut from domestic spending. That plays into Obama's hands as well.

"We are going to continue to try and illustrate the depth of the cuts that would need to be made in the domestic spending programs if we're going to meet the targets that he has laid out," the Obama adviser said.”

http://www.huffingtonpost.com/2012/0...p_ref=politics
......

My first question is: Where has the economic growth occurred in the decades where tax cuts to the wealthy resulted in jobs for the American people?

2nd question: It remains a mystery to me how tax increases are passed without fanfare to cover a deficit from overspending when there is a republican president, but the howling, whining and screaming when a Democratic president says one is needed?? Taxation on the middle class continues without people much thinking about it while republican Congressmen keep saying that “a tax hike is off the table”...well, the Democrats should put it back on the table.

At the base of the problem also is the dislike of the wealthy to have to give up their Bush Tax Cuts which has been such a formidable cash cow for the wealthy over the last decade, continuing into the Obama Administration due to the republicans holding our troops’ paychecks, the annual debt ceiling, firemen, EMT’s all hostage if the Bush Tax Cuts were not renewed.

That republicans reducing their already unsteady congressional stature by obstruction, do-nothing actions to appease the wealthy’s greed for taxpayers’ funds is unacceptable, and they will find out how unacceptable it really is in November when those up for re-election are kicked out of office, and a Democratic White House, Senate, and House will finally get to work in an adult manner to see financial equity between the wealthy and the middle class return with a vengeance.

The financial distance between the top 10%ers and the middle class has risen to astronomical proportaions since the Bush Dynasty, as he passed the Bush Tax Cuts in 2001 after gaining office, and there has never been such a huge gain in profits for the wealthy, and a downward spiral into poverty as in the middle-class and the working poor during the Bush Regime. Now we must start the long arduous road back to solvency for the middle class that we had during the Clinton Administration.

im sure Romney will be out later denying he actually has a plan

Because Obamanomics has worked so well. Obama simply can't run on his record so attack Romney is all he's got. It won't matter Obama had his shot to turn the economy around and failed miserably............NEXT!

Originally Posted by Professor Peabody

Because Obamanomics has worked so well. Obama simply can't run on his record so attack Romney is all he's got. It won't matter Obama had his shot to turn the economy around and failed miserably............NEXT!

turned around the recession and lowered federal spending

Romney isnt going to win by claiming he can do better while not telling us how

Originally Posted by Professor Peabody

Because Obamanomics has worked so well. Obama simply can't run on his record so attack Romney is all he's got. It won't matter Obama had his shot to turn the economy around and failed miserably...NEXT!

.....

President Obama has done remarkably well considering the flagrant obstructive methods used by thr repuyblicans tryting to keep him at a one-term-president.

The People of America watched and will not forget the republicans thoroughly rancid actions obstructing every bill that crossed their table, causing the suffering of Americans to last up to President Obama's being voted into his second term.

It is not only the votes for the presidency being weighed in this election cycle....this is when the chickens come home to roost for the republicans in Congress too.

Originally Posted by Agent_286

Obama Mounts Two-Front Attack On Romney

Obama Emphasizes Deficit Credentials, Broadens Fight Over Bush Tax Cuts

By Jon Ward | HuffPost | 08/01/2012 10:10 pm
Excerpts:

WASHINGTON - "To cut the deficit, we need everyone to pay their fair share." Obama is now playing deficit hawk as well as populist. And it looks like an attempt to turn the fight over the Bush tax cuts from a one-front war into a two-front conflict.

The one-front war is Obama arguing that the rich should pay more because that is only fair, and Romney arguing that they should not because any tax increase in a stagnant economy will impair economic growth. To an electorate that wants results more than anything, Obama's fairness argument puts him at a disadvantage, even though it has undoubtedly paid off with blue-collar voters in industrial swing states.

A two-front battle is Obama maintaining the fairness argument while trying to undercut Romney's advantage among voters for whom fiscal responsibility is a top priority. The deficit ranks behind the economy/jobs and health care in recent polls when voters are asked what issues are most important to them.

Obama has been arguing for some time that Romney's tax plan will add $5 trillion to the deficit. But he got some ammunition Wednesday from the Tax Policy Center, when Urban Institute-Brookings Institution joint venture issued a report saying that Romney's plan to cut rates for all tax brackets, lower the corporate rate, and keep taxes on investments low, without adding to the deficit, would require taxes to go up for middle- and low-income earners.

"It's either a middle-class tax increase or it increases the deficit," an Obama policy adviser, who was not authorized to talk to the press on the record, told The Huffington Post.

And there you have it. Obama's brief is that Romney is either going to screw the working-class or that he'll be a fiscal profligate. And it doesn't hurt if voters hear both messages.

"Obviously the tax cuts are the dessert, and they are eager to have the fight about that," the Obama adviser said of the Romney campaign. "And the point of today's report is there's no easy way to get there."

The economic growth that might result from tax cuts is hard to predict. And so this debate over how Romney would avoid blowing up the deficit, if it continues, will move toward how much Romney would cut from domestic spending. That plays into Obama's hands as well.

"We are going to continue to try and illustrate the depth of the cuts that would need to be made in the domestic spending programs if we're going to meet the targets that he has laid out," the Obama adviser said.”

http://www.huffingtonpost.com/2012/0...p_ref=politics
......

My first question is: Where has the economic growth occurred in the decades where tax cuts to the wealthy resulted in jobs for the American people?

2nd question: It remains a mystery to me how tax increases are passed without fanfare to cover a deficit from overspending when there is a republican president, but the howling, whining and screaming when a Democratic president says one is needed?? Taxation on the middle class continues without people much thinking about it while republican Congressmen keep saying that “a tax hike is off the table”...well, the Democrats should put it back on the table.

At the base of the problem also is the dislike of the wealthy to have to give up their Bush Tax Cuts which has been such a formidable cash cow for the wealthy over the last decade, continuing into the Obama Administration due to the republicans holding our troops’ paychecks, the annual debt ceiling, firemen, EMT’s all hostage if the Bush Tax Cuts were not renewed.

That republicans reducing their already unsteady congressional stature by obstruction, do-nothing actions to appease the wealthy’s greed for taxpayers’ funds is unacceptable, and they will find out how unacceptable it really is in November when those up for re-election are kicked out of office, and a Democratic White House, Senate, and House will finally get to work in an adult manner to see financial equity between the wealthy and the middle class return with a vengeance.

The financial distance between the top 10%ers and the middle class has risen to astronomical proportaions since the Bush Dynasty, as he passed the Bush Tax Cuts in 2001 after gaining office, and there has never been such a huge gain in profits for the wealthy, and a downward spiral into poverty as in the middle-class and the working poor during the Bush Regime. Now we must start the long arduous road back to solvency for the middle class that we had during the Clinton Administration.

Why does the left hate wealth so much? I can't tell if it's envy or stupidity, but many seem to blindly hate things like wealth and profit. They also seem to like the term "tax" as in tax somebody else to death, that somebody else of course being the wealthy and profitable.

Our government doesn't want to make tough choices, and that is true for either side. We are giving away too much of our profit to be able to cover our needed expenses. That is about as simply as I can put our situation. The sustainable way to correct our problem is to put AMERICANS back to work in the PRIVATE sector which generates more tax revenue.

Obama has failed to create jobs, failed to deliver a budget his entire presidency, and has increased our social services costs to the point it is now our largest expenditure. We are more divided than I can ever remember in my lifetime and I find American Pride to be nearly extinct.

As far as i am concerned, Obama is a failure as President and it doesn't take a doctorate to see this.

What if instead of attacking people, Obama had concentrated on being a good president? Then, Romney wouldn't be on the verge of kicking him out of office.

Originally Posted by The Mello Guy

turned around the recession and lowered federal spending

Romney isnt going to win by claiming he can do better while not telling us how

8+% unemployment, 14.9% underemployment and GDP resting on the bottom @ 1.5%. That's not turning anything around, that's a train wreck after 4 years.

Originally Posted by Agent_286

.....

President Obama has done remarkably well considering the flagrant obstructive methods used by thr repuyblicans tryting to keep him at a one-term-president.

The People of America watched and will not forget the republicans thoroughly rancid actions obstructing every bill that crossed their table, causing the suffering of Americans to last up to President Obama's being voted into his second term.

It is not only the votes for the presidency being weighed in this election cycle....this is when the chickens come home to roost for the republicans in Congress too.

I heard that in Oct 2010 and what happened?

Obama Mounts Two-Front Attack On Romney