Tag Archives: 2 monrgs tax-cur dooms to be harmful

Two months tax cut: Obama’s virtual win but an actual loss!

22 Dec

In two months when the tax cut issue comes up in the midst the election at a time that it would be clear how ill-advised was the two months rather than a year extension, it would be a key element that will hurt Obama’s re-election attempt.

Two months extension was foolhardy, but it was the only thing Obama, America’s compromiser was able to get, it was done at what time will prove was a large cost to the economy, and Obama will come out the loser. Sometime short-term is prudent, sometime it is not; the two months time-cut will prove to┬áhave been a very wrong action, just before the end of 2011.