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It would've been amusing, if it hadn't been so depressing. Obama spent most of his time criticizing House Minority Leader John Boehner, continuing the war that has gone on between the two party leaders since Boehner told Obama to fire his entire economic team and start from scratch two weeks ago. Since then, Obama has punched back in press releases and official statements, and Boehner has continued his campaign with media appearances and Twitter messages. Today, Obama upped the ante by stopping just short of saying that the two parties were at war. Referring to economic policy, he said:
That's the difference between the Republican vision, and the Democratic vision, and that’s what this election is all about.Obama threw some of his weight behind extending the Bush tax cuts for Americans making under $250,000 (for those of you who are still confused as to why that's a bad idea, I refer you to this excellent video). He also spoke out in support of reforming the tax code to more protectionist tax policy, to theoreticaly keep American jobs from going overseas (forget about the fact that these policies drive down quality and eventually hurt our competitiveness). The way he couched these arguments, though, was the alarming part.
So let me be clear to Mr. Boehner and everybody else. We should not hold middle class tax cuts hostage any longer.
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