September 17, 2011

SandBox Comments: Power Line "Obama’s Last Chance"

"Future historians are likely to look back on this week as the period Obama passed the point of no return for his presidency, and they may identify today, September 16, as the single most important day in his undoing.  I wonder if Obama has any clue that his presidency is collapsing in real time?  Dumb question: of course he doesn’t.

Yes, I was obviously playing around with my post earlier today on “Operation Chaos,” but then something deeply serious occurred here in Washington that I didn’t notice until the evening news: 36 Senators from both parties held a big press conference calling on the debt ceiling supercommittee to “go big” with sweeping pro-growth tax reform—one that would slash deductions and lower rates dramatically.  In particular, I was struck by Oregon’s Sen. Ron Wyden, a smart liberal, who cited the 1986 Reagan-tax reform that he said created millions of jobs.  He may not be correct strictly speaking about the job creation bit, but that misses the point:

"This press conference was not meant for the supercommittee.  It was meant for Obama." 
(Steven Hayward)


(Learn more?  Click title or comment to start discussion)
"Truth goes through three stages. First it is ridiculed. Then violently opposed. Finally, it is accepted as self-evident."

No comments: