Intermarkets' Privacy Policy
Support


Donate to Ace of Spades HQ!


Contact
Ace:
aceofspadeshq at gee mail.com
Buck:
buck.throckmorton at protonmail.com
CBD:
cbd at cutjibnewsletter.com
joe mannix:
mannix2024 at proton.me
MisHum:
petmorons at gee mail.com
J.J. Sefton:
sefton at cutjibnewsletter.com


Recent Entries
Absent Friends
Bandersnatch 2024
GnuBreed 2024
Captain Hate 2023
moon_over_vermont 2023
westminsterdogshow 2023
Ann Wilson(Empire1) 2022
Dave In Texas 2022
Jesse in D.C. 2022
OregonMuse 2022
redc1c4 2021
Tami 2021
Chavez the Hugo 2020
Ibguy 2020
Rickl 2019
Joffen 2014
AoSHQ Writers Group
A site for members of the Horde to post their stories seeking beta readers, editing help, brainstorming, and story ideas. Also to share links to potential publishing outlets, writing help sites, and videos posting tips to get published. Contact OrangeEnt for info:
maildrop62 at proton dot me
Cutting The Cord And Email Security
Moron Meet-Ups






















« Mark Cuban's HDNet Aired Truther Lie "Loose Change" On September 11th | Main | Turns Out, Obama Is Sort of Mock-Worthy »
September 12, 2011

Pass This Dutchie: No Bounce For Obama's Historic, Unprecedented Super-Amazing Jobs Speech
Breaking Update: Obama Wants Automatic Tax Increases To Pay For His Jobs Bill

Late summer is a bad time for re-runs. By September, people are tired of them.

In the just released Gallup daily tracking poll, which now has three days of polling since the speech was delivered last Thursday (Sept. 9th through 11th), Obama's approval rating has fallen to 42 percent.

By contrast, in polling done before the speech between Sept. 5th through 7th, Obama was at 44 percent approval, and on Sept. 6th through 8th, he was at 43 percent.

So the best one could say is that the jobs speech left his ratings virtually unchanged.

If Obama has any hope of getting his jobs agenda through Congress, he'll have to do it by convincing Republicans that his policies are popular. But it's a lot harder to do that if his approval ratings are in the tank.

And, of course, despite vowing that "everything is paid for," he actually simply instructed the Super Commission to float him another half-trillion, and put that much more on the nation's collective bar-tap.

Actually, this just in: Jake Tapper reports the White House does have a plan for paying for this.

Obama just doesn't want it very well publicized. And for good reason:

WH will ask supercommittee 2 come up w/ a way 2 pay 4 $447B jobs bill, + if they dont those tax increases wld B triggered.

Now, he's saying he wants either cuts that seven members can agree to, or automatic tax hikes, if no other way to pay for this nonsense can be found.

It just so happens that six of the members of the 12 member commission are Democrats... So gee, what the odds the automatic tax hikes will go into effect? Something approaching 100%, I would think.

Shocker. Always this passive-aggressive attempt to get others to raise taxes.

More Details: All to be paid for by, um, "spending cuts in expenditures in the tax code," as Obama once so euphemistically put it.

White House Office of Management and Budget Director Jack Lew outlined President Barack Obama's plan to pay for his $447 billion jobs plan — mostly through tax increases.

Lew said itemized tax deductions and exemptions for those making more than $200,000, and families earning more than $250,000 would be cut — raising about $400 billion to pay for Obama's jobs plan over 10 years. This includes a change to bring more hedge fund earnings under normal tax rules as opposed to capital gains rates.

The new tax rules would not take effect until January 2013, Lew said. Obama is not offering any spending cuts to pay for the jobs plan.

The rest of the total would be raised by cutting subsidies for the oil and gas industries to bring in another $40 billion, and change the depreciation rules for corporate jets. All told, Obama would cut $467 billion to pay for his plan.

No, he would "cut" $0 billion. He would increase taxes by $467 billion.


Thanks to Slublog.


digg this
posted by Ace at 02:10 PM

| Access Comments




Recent Comments
JackStraw: ">>Touch of Grey became a hit because a lot of chic ..."

Some Garbage Rat: "Lot o' comments for an ONT and....wait, a MUSIC th ..."

San Franpsycho: "Sinatra is from Jersey. Posted by: tankdemon at D ..."

San Franpsycho: "Touch of Grey became a hit because a lot of chicks ..."

tankdemon: "220 Springsteen and Southside Johnny were both fro ..."

Johann Amadeus Metesky: ""Does Jordan have the right to exist? Posted by: ..."

tankdemon: "A what? Posted by: CharlieBrown'sDildo at Decembe ..."

San Franpsycho: "Springsteen and Southside Johnny were both from Je ..."

Alberta Oil Peon: "hey, I went to a Zydeco festival once upon a time, ..."

pawn, RIP Vic: "The best thing to happen to Metheny was his hookin ..."

CharlieBrown'sDildo: "Fox just reported that Assad has fled Syria. ..."

polynikes: "hey, I went to a Zydeco festival once upon a time, ..."

Recent Entries
Search


Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64