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Professor S · 01-05-2009, 09:10 AM

So far... it looks pretty good! I'm as shocked as anyone. It appears he may be the middle of the road negotiator and pragmatist he claimed he would be. If this turns out to be the case, I will be the first to admit I was wrong about him.

http://www.politico.com/news/stories/0109/17039.html

My only worry is that he tries to sneak in a prohibitive tax increase on the wealthy/large businesses/investors and an increase on marginal tax rates such as estate taxes and capital gains. Both of those taxes inhibit the development of wealth and thats not what we need right now. I'd be more tolerant of a compromise on these later, but not in this economy. I'd be ecstatic if he cut the taxes, but happy if he left them alone and proceeded with this plan he's work out to this point.

But so far so good. Go Barack!

EDIT: I should amend my statements to reflect I like the tax portion they've disclosed thus far, not the other $400 billion in spending. We'll have to wai and see where the rest of the money goes.

01-05-2009, 09:10 AM	#1
Professor S Devourer of Worlds Professor S is offline Location: Mount Penn, PA Now Playing: Team Fortress 2, all day everyday Posts: 6,608	Obama's Economic Plan So far... it looks pretty good! I'm as shocked as anyone. It appears he may be the middle of the road negotiator and pragmatist he claimed he would be. If this turns out to be the case, I will be the first to admit I was wrong about him. http://www.politico.com/news/stories/0109/17039.html My only worry is that he tries to sneak in a prohibitive tax increase on the wealthy/large businesses/investors and an increase on marginal tax rates such as estate taxes and capital gains. Both of those taxes inhibit the development of wealth and thats not what we need right now. I'd be more tolerant of a compromise on these later, but not in this economy. I'd be ecstatic if he cut the taxes, but happy if he left them alone and proceeded with this plan he's work out to this point. But so far so good. Go Barack! EDIT: I should amend my statements to reflect I like the tax portion they've disclosed thus far, not the other $400 billion in spending. We'll have to wai and see where the rest of the money goes. __________________ Last edited by Professor S : 01-05-2009 at 10:43 AM.