Obama Caves on Bush Tax Cuts
Obama Caves on Bush Tax Cuts
By Ari Berman / thenation.com
Dec 7, 2010

barrack obama george bush 1 President Barack Obama & George Bush Face Morph. Woah.

During the 2008 presidential campaign, Barack Obama said over and over that he was running to "put an end to the Bush-McCain philosophy." Campaigning in Colorado just days before the election, Obama clearly stated his opposition to Bush-era economic policies and ridiculed the idea that "we should give more and more to millionaires and billionaires and hope that it trickles down on everybody else. It's a philosophy that gives tax breaks to wealthy CEOs and to corporations that ship jobs overseas while hundreds of thousands of jobs are disappearing here at home."

Now Obama, in a blatant reversal, is preparing to do just that, agreeing to extend the Bush tax cuts for the wealthy, which my colleague Chris Hayes accurately calls the "single defining domestic policy of W."

In 2008, Obama presented himself as a clean break from the Bush and Clinton dynasties and a fresh face for the nation and the world. Yet once in office he packed his White House with holdovers from the Bush and Clinton administrations and continued or even accelerated key Bush-era policies, whether in the realm of counterterrorism, Afghanistan or offshore drilling. The latest "compromise" on the Bush tax cuts, extending the upper-income tax cuts for two years in exchange for the continuation of unemployment benefits, is simply the latest in a series of capitulations from the Obama White House.

4.0 ·
1
Trending Today
What Happens When You Rebel Against the Herd
Sofo Archon · 13,417 views today · Are You Truly Living Your Life? You live, but are you living the way you want to live, or the way others want you to live? You choose, but are your choices based on...
The Coming War on China
John Pilger · 6,058 views today · A major US military build-up – including nuclear weapons – is under way in Asia and the Pacific with the purpose of confronting China. John Pilger raises the alarm on an...
How a Lack of Touch Is Destroying Men
Mark Green · 4,558 views today · Why Men Need More Platonic Touch in their Lives
Murdoch and Trump, Sitting at the Tee, S-C-H-E-M-I-N-G
Frankie Boyle · 4,302 views today · Say what you like about Donald Trump but he's already done things people said were impossible, like made Twitter worse. Looking back, the Harambe situation is the closest...
Real Underground Kingdom That Has Existed for Millions of Years Went Unnoticed, Until Recently...
Kid Krunk · 2,855 views today · 28 Stunning Photos Of The World’s Largest Cave
Simple Social Experiment Shows We Are More Than The Boxes People Put Us In
3 min · 2,583 views today · We live in a time where we are quick to put people in boxes. Maybe we have more in common than what we think?
Thich Nhat Hanh: How We Can Learn to Love Our Enemies
5 min · 2,499 views today · This is a short excerpt from Peacemaking. I often think about this story when I think about the kind of activism I would like to bring into this world. I want to help build a...
I Am Not Your Negro (2017)
3 min · 2,086 views today · In his new film, director Raoul Peck envisions the book James Baldwin never finished - a radical narration about race in America, using the writer's original words. He draws...
What Would It Take to Stop the Raids?
CrimethInc. Ex-Workers Collective · 1,450 views today · Responding Effectively to the Immigration and Customs Enforcement (ICE) Attacks
Your Lifestyle Has Already Been Designed (The Real Reason For The Forty-Hour Workweek)
David Cain · 1,181 views today · Well I’m in the working world again. I’ve found myself a well-paying gig in the engineering industry, and life finally feels like it’s returning to normal after my nine months...
John Lennon's "Imagine," Made Into a Comic Strip
John Lennon. Art by Pablo Stanley · 1,129 views today · This is easily the best comic strip ever made.  Pabl
How Wolves Change Rivers
4 min · 1,086 views today · When wolves were reintroduced to Yellowstone National Park in the United States after being absent nearly 70 years, the most remarkable "trophic cascade" occurred. What is a...
A Hauntingly Beautiful Short Film About Life and Death
5 min · 975 views today · The Life of Death is a touching handdrawn animation about the day Death fell in love with Life.
Today I Rise: This Beautiful Short Film Is Like a Love Poem For Your Heart and Soul
4 min · 933 views today · "The world is missing what I am ready to give: My Wisdom, My Sweetness, My Love and My hunger for Peace." "Where are you? Where are you, little girl with broken wings but full...
The Charter For Compassion
2 min · 896 views today · The principle of compassion lies at the heart of all religious, ethical and spiritual traditions, calling us always to treat all others as we wish to be treated...
Surviving Capitalist Depression
Michael Emero · 719 views today · We live in a toxic society filled with toxic people. Even the ones with the best hearts- including ourselves- have been raised in ignorance, with disinformation. Our examples...
What Makes Call-Out Culture So Toxic
Asam Ahmad · 547 views today · Call-out culture refers to the tendency among progressives, radicals, activists, and community organizers to publicly name instances or patterns of oppressive behaviour and...
Hans Rosling Brilliantly Explains Complexity of Population and Resource Issues Using Simple Tools
3 min · 505 views today · Let me show you the world, says Swedish academic Han Rosling as he demonstrates the dynamics of population growth, child mortality and carbon dioxide emissions. The challenge...
"The Myth of Time" - Martin Luther King Jr.
3 min · 496 views today · Excerpt from MLK Jr.'s last sermon, "Remaining Awake Through a Great Revolution". Delivered at The National Cathedral on March 31, 1968 (4 days prior to his...
What It Really Means to Hold Space for Someone
Heather Plett · 373 views today · How to be there for the people who need you most
Load More
What's Next
Like us on Facebook?
Obama Caves on Bush Tax Cuts