Monday, July 11, 2011
Yesterday's Whitehouse summit meeting on deficit reduction got off to a rocky start after Obama and the Democrats were shocked - shocked! - by John Boehner's declaration that tax hikes were off the table. The Democrats, who are said to have brains the size of walnuts, were taken by surprise despite the fact that Republicans have been saying exactly the same thing for months now.
Going into the meeting, the Democrats were proposing a $2 trillion dollar tax increase on America's "evil rich" (which the rest of us call "small businesses") only days after the job market took another nosedive. Alert officials with the Guinness Book of World Records reacted quickly, and within hours had certified the raising of taxes as "Worst Economic Idea Ever."
Even so, much of the mainstream media predictably claimed that Boehner's refusal to let Obama demolish what's left of the job market showed that the Republican wasn't really serious about deficit reduction, and that Republicans are only interested in protecting the richest (and tastiest) members of their own species from extinction.
Which is why, once again, Hope n' Change would find it preferable to let the debt ceiling go unraised if no sensible agreement can be reached. Which, after the short (an hour and 15 minutes) and unproductive meeting seems more likely than ever.
Sure, it means a huge, destructive asteroid will hit soon and hard...but it might finally get the attention of the dinosaurs in Washington.