- Joined
- Jun 11, 2009
- Messages
- 19,657
- Reaction score
- 8,454
- Gender
- Male
- Political Leaning
- Libertarian
I think the Dems blew it. They did their Chicken Little routine on the tax bill but they lost the message. The GOP has branded this bill as a "tax cut for the middle class" and on the end of the day, more than 80 percent of Americans will see a tax cut their first year. Yeah, some future Congress may allow the individual rates to go up, but it is unlikely. So the Dems who successfully allied with the national media to create the impression that this was only a tax cut for the wealthy may have done a disservice to themselves in the long run. Granted that the wealthy will enjoy six times the benefits as the rest of us combined, but that doesn't make as compelling a soundbyte as "Armageddon!"
The message could have been on debt, high interest rates, rising inflation, and low wages. Once consumer confidence peaks, reality will likely set in, and the true cost of this bill will not be measured by how much of your paycheck you get to keep, but if your paycheck remains the same wage, buys less than it did before, and is split in more ways to pay down debts. The GOP knows nothing is free, and they are betting that average Americans will forget it and reward them for generously undermining their future to finance a measly middle class tax cut and a massive wealthy tax cut. Let's see how it plays out. My money is on the GOP.
The message could have been on debt, high interest rates, rising inflation, and low wages. Once consumer confidence peaks, reality will likely set in, and the true cost of this bill will not be measured by how much of your paycheck you get to keep, but if your paycheck remains the same wage, buys less than it did before, and is split in more ways to pay down debts. The GOP knows nothing is free, and they are betting that average Americans will forget it and reward them for generously undermining their future to finance a measly middle class tax cut and a massive wealthy tax cut. Let's see how it plays out. My money is on the GOP.