Team Obama can’t even force themselves to use the word “Christmas”
“The National Retail Federation is forecasting that holiday sales will grow 4.1 percent this year … [but] if Congress does not act on the President’s plan to extend tax cuts for the middle-class, it will be risking one of the key contributors to growth and jobs in our economy at the most important time of the year for retail stores,” says the report, which was prepared by the Obama White House’s National Economic Council and the president’s Council of Economic Advisers.
“The holiday season is no time to threaten middle-class pocketbooks,” urges the report, titled “The Middle-Class Tax Cuts’ Impact On Consumer Spending & Retailers.”
The beginning of the report is a hoot
President Obama is committed to growing our economy from the middle out by ensuring a strong, secure, and thriving middle-class. That’s why his top priority is promoting jobs and growth while reducing our deficit in a balanced and responsible way.
Yeah, every once in a while he decides to focus like a laser on the economy, gives a big speech, then moves on to some shiny distraction. The economy is in stagnation, and, if really was concerned, his focus would be on fixing his foolish “health care” plan, which is going to induce companies to move a good chunk of their workforce to 30 hours or less a week.
The new report is part of Obama’s media campaign to blame Republicans for scheduled tax increases, spending cuts and the stalled economy during Obama’s tenure.
The man takes responsibility for nothing that has gone wrong. He simply wants the tax increases, which he knows will have little effect on revenue as those with money find other ways to avoid those taxes, and what little comes in will be spent rather than used towards debt and/or deficit reduction.
A failure to extend the expiring middle-class tax cuts would cost middle-class families roughly $2,200 per year and hurt the consumer-driven slice of the nation’s economy during the “holiday season” — the White House’s sanitized euphemism for “Christmas” — says the report.
Nowhere will you find the word Christmas in the report. This whole report is yet another PR attempt by Team Obama, an attempt to tell a scary story along with avoiding responsibility for being a poor leader.
Perhaps Obama should ask his Democrat led Senate why they haven’t passed a budget in over 3 years, a constitutional requirement.