Economic consensus

Why exactly would Obama ignore this sort of thing?


With income tax rates set to go up on Dec. 31, Congress is hotly debating what to do next. But most economists agree: Keep them where they are.

One option, to let the tax cuts passed during the Bush administration expire for only the richest 3% of taxpayers while renewing them for everyone else, is popular among Democrats and the choice of the Obama administration.

But a majority of a panel of leading economists surveyed by said that the tax cuts should be renewed for everyone.

Obama keeps telling us he wants to do something about the jobs situation… economists are telling him what to do… unfortunately, it goes against the core of his ideology.

We will suffer as a result.

Job recovery begins in November.

Looking Eternity In The Face
"Is the American dream dead for me?"