Irregular Times Diaries: Unfit Discussion » tax cuts http://irregulartimes.com/diaries In a time of the spring, old paths are obscured and new growth begins. Sun, 05 Jun 2011 17:02:33 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 Obama Admits His Tax Cuts For Billionaires Are Unaffordable http://irregulartimes.com/diaries/2010/12/obama-admits-his-tax-cuts-for-billionaires-are-unaffordable/ http://irregulartimes.com/diaries/2010/12/obama-admits-his-tax-cuts-for-billionaires-are-unaffordable/#comments Sat, 11 Dec 2010 12:11:11 +0000 jclifford http://irregulartimes.com/diaries/?p=1673 Today, in his weekly radio address, President Barack Obama said, “We cannot afford to continue these tax breaks for the wealthiest taxpayers – especially when we know that cutting the deficit is going to demand sacrifice from everyone.”

Hey, that sounds like the old Barack Obama! Has he finally got his mojo back? Has he decided to back out of his decision to help Republicans pass tax cuts for billionaires?

Nope. Right after Obama admitted that his plan to help Republicans pass tax cuts for the rich will put future generations in unacceptable debt, Obama declared that he’s going to go ahead with the plan anyway.

Why? Obama says he just doesn’t have any choice but to cave in to the Republicans’ demands. He says that George W. Bush’s old economic plan, the one that led to disaster, is just too important.

Obama says that he doesn’t have the strength to do anything but allow those unaffordable tax cuts for billionaires to become law.

It’s not like he has the power to veto the deal and force the Republicans to come back with something better.

Oh. Wait. He does.

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