Will Sarah Palin run for President?


Tuesday, December 14, 2010

a good deal

The tax deal negotiated between the President and Republican leaders is a great agreement for the country and for Conservatives. The president realised that to raise anyones taxes in this fragile economy would amount to at the very least more stagnate economic growth more then likely a double dip recession. The republicans made him do what we would not have done extend the tax cuts to everyone including the wealthy who by paying more to the government deserve the highest tax breaks. By making the president to sign the deal conservatives have won the debate that over tax cuts manly that taking money out of people's pockets and redistributing to social programs handicaps economic growth.
Many conservatives have complained about the deal saying that the extension of unemployment benefits perpetuate the welfare state. They of coarse are correct but nobody wants to deal with the reality of their benefits running out during the Christmas season. Deficit hawks on all sides have complained that this deal will add to the deficit and that the voters didn't elect them to do that. While this is correct any short term deficit this causes is like a truckle of water in the Niagara Falls and since this is an extension it doesn't add any new money to the deficit. The spending increases are tough but the public really doesn't want a confrontation with the president and the new Congress before they actually become the New Congress. The president always wins a fight with congress he has the media and with it a big megaphone. Tempera deficits are acceptable in recession and War and we are in both.
Oh and one more thing no President would ever run for reelection taking tax cuts away so this extension of the Bush tax cuts itself is likely to be extended maybe for a decade.
We got most of what we wanted and this economy will stabilise because of it. A good deal indeed not just for us but for the country!