Good work, Mr. President. Stand your ground with Boehner and the rest! You have a mandate from all of us and we want the wealthy to pay their share of taxes. It's a whole new world and they will have to deal.
President Barack Obama will enter high-stakes budget negotiations firmly committed to seeing the tax rates for high-income earners rise to pre-George W. Bush levels, he assured a gathering of progressive and labor leaders on Tuesday.
"I am not going to budge," he told the group, according to an attendee who relayed material from the meeting on condition of anonymity. "I said in 2010 that I'm going to do this once, and I meant it."
. . . Several sources at the meeting said the president was, as one noted, "more nuanced than going off the cliff." Obama hopes to place "maximum pressure on House Republicans so at the end of the day he may be able to budge them," the source added.
"It seemed like he meant it," the first source said. "That suggests that they are ready to go over the ledge."
Following the meeting, a handful of attendees spoke briefly to the press, praising Obama for vowing to firmly oppose an extension of the tax cuts for the wealthy.
"It was a very, very positive meeting," said AFL-CIO President Richard Trumka. "We're very committed to making sure that the middle class and workers don't end up paying the tab for a party that we didn't get to go to, and the president is committed to that as well."
"The president was really standing firm on taxes," said Neera Tanden, president of the Center for American Progress. "Everyone in the room talked about how much they have the president's back in this fight."
There's a lovely essay by President Obama on the "Dream Act" and the symbolism of the Statue of Liberty in Time Magazine. Funny how every American is descended from an immigrant family at some time in the past, but now want to slam the door on everyone else. Heart and mind disconnect, unfortunately.
Obama is such an optimist that he is still urging Congress to pass the The Dream Act. Considering the pressure the Republicans are under to save the Latino vote this election year, they might just listen to Obama this time. Or not (which is fine because he will be reelected more easily). But still, a lovely essay.
. . . There is still time for Congress to pass the DREAM Act this year, because deserving young people should be able to plan their lives in more than two-year increments. And we still need to pass comprehensive immigration reform that addresses our 21st century economic and security needs. Reform that gives our farmers and ranchers certainty about the workers that they’ll have. Reform that gives our science and technology sectors certainty that the young people who come here to earn their PhDs won’t be forced to leave and start new businesses in other countries. Reform that continues to improve our border security, and lives up to our heritage as a nation of laws and a nation of immigrants.
. . . I believe that, eventually, enough Republicans in Congress will come around to that view as well because it is the right thing to do for our economy — something CEOs throughout the country agree with — and it is the right thing to do for our national security. Above all, it is the right thing to do, period.
We didn’t raise the Statue of Liberty with its back to the world. We raised it with its light to the world. What makes us American is not a question of what we look like or what our names are. What makes us American is our shared belief in the enduring promise of this country – and our shared responsibility to leave it more generous and more hopeful than we found it.
The Dow Jones Industrial Average fell 274.88 points on Friday after the government released a lackluster unemployment report. Employment didn't fall, but it didn't go up much either.
This isn't good news for President Obama, and Mitt Romney and his surrogates will blame the weak economy on the Obama administration.
But what about members of Congress who get nothing done because they are stymied by constant filibusters, rants, nonsensical abortion laws, and other trivia from the Republicans?
In a speech in Manchester, New Hampshire, Democratic Governor Martin O'Malley of Maryland coined a colorful new term today: "Constipation Congress." And he had a few other piquant things to say as well. Washington Post reports:
“We have a constipation Congress. These Republican obstructionists wouldn’t pass gas if they thought it might help our president heal our economy...
Job creation is up. Unemployment is down. And while we still have a lot more work to do, because of President Obama’s leadership General Motors is alive and hiring and Osama bin Laden is not!
Could our nation’s jobs recovery be happening faster? Sure it could. but that would require compromise, practicality, and a focus on the common good — three concepts which the newly radicalized tea party Republican Congress is now totally incapable of grasping."
O'Malley's speech goes along with President Obama's Weekly Address entitled "It's Time for Congress to Get to Work," Obama also put the blame on the stonewalling of Congress on nearly every issue, but especially jobs programs.
Right now, this country is still fighting our way back from the worst economic crisis since the Great Depression. The economy is growing again, but it’s not growing fast enough. Our businesses have created almost 4.3 million new jobs over the last twenty-seven months, but as we learned in this week’s jobs report, we’re not creating them fast enough. And just like last year at this time, our economy faces some serious headwinds. Gas prices are starting to come down again, but when they spiked over the last few months, it hit people’s wallets pretty hard. The crisis in Europe’s economy has cast a shadow on our own. And all of this makes it even more challenging to fully recover and lay the foundation for an economy that’s built to last.
But from the moment we first took action to prevent another depression, we knew the road to recovery wouldn’t be easy. We knew it would take time, that there would be ups and downs along the way. But we also knew that if we were willing to act wisely, and boldly, and together; if we were willing to keep at it, and never quit, we would come back stronger.
. . . I sent Congress a jobs bill last September full of the kinds of bipartisan ideas that would have put our fellow Americans back to work and helped reinforce our economy against those outside shocks. I sent them a plan that would have reduced the deficit by $4 trillion in a way that’s balanced – that pays for the job-creating investments we need by cutting unnecessary spending and asking the wealthiest Americans to pay a little more in taxes.
Since then, Congress has only passed a few parts of that jobs bill, like a tax cut that’s allowing working Americans to keep more of your paycheck every week. That was important. But Congress hasn’t acted on enough of the other ideas in that bill that would make a difference and help create jobs right now. And there’s no excuse for that. Not when so many people are looking for work. Not when so many people are struggling to pay the bills.