Tax-Cut Logic

Let me see if I have this right. President Obama blamed the Bush “tax cuts” for the recession and financial crisis. Then in 2011 he agreed to extend them, saying the fragile economy couldn’t stand a tax increase. Now he says he is willing to push the still-weak economy over the fiscal cliff if he doesn’t get a tax hike on top earners (a tax hike that, in the best-case scenario, would bring in $80 billion annually, far short of the yearly $1 trillion deficits the president is saddling us with), repealing the Bush rates on the job-creating class. So he was against the Bush tax cuts before he was for them before he was against them. Does he think we’re stupid or something? Apparently so; a majority did, after all, vote for him.

About Stan Guthrie

Stan Guthrie is an editor at large for Christianity Today magazine and for the Chuck Colson Center for Christian Worldview. His latest book is God's Story in 66 Verses. He also is author of All that Jesus Asks: How His Questions Can Teach and Transform Us, Missions in the Third Millennium: 21 Key Trends for the 21st Century, and A Concise Guide to Bible Prophecy. He is co-author of The Sacrament of Evangelism. Besides authoring, writing, and editing books, Stan is a literary agent, bringing together good authors, good books, and good publishers. Stan writes the monthly Priorities colum for He has appeared on National Public Radio's €œTell Me More,€ WGN's Milt Rosenberg program, and many Christian shows, including The Eric Metaxas Show and Moody Radio'€™s €œNew Day Florida.€ A licensed minister and an inspirational speaker, he served as moderator for the Christian Book Expo panel discussion, Does the God of Christianity Exist, and What Difference Does It Make?
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