Is Obama anti-Business?

Yesterday President Obama gave a Labor Day speech in Milwaukee.

So the President supports labor, right?

On Wednesday in Cleveland he’ll lay out a proposal that allows companies to write off 100 percent of their new investment and plant equipment through 2011.  White House economists say that this would cut business taxes by nearly $200 billion over two years.  Doesn’t sound too anti-business to me…

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12 Comments

Filed under dnd

12 responses to “Is Obama anti-Business?

  1. dog's eye view

    Why discuss that when you can run with Peter Orzag’s NYT op ed saying “keep us those tax cuts for another 2 years?”

    What do you think will get more play over the news cycle?

    Comment posted on last thread:

    Dang it, dnd. Too speedy.

    Posting former OMB head Peter Orzag’s NYT op ed on keeping the tax cuts for everyone (including Rupert Murdoch) and having them expire in 2 years.

    Wait, even better: here’s the NYT reader comments, sorted by “most recommended.”

    They do not agree much with Mr. Orzag, nor do I.

    http://community.nytimes.com/comments/www.nytimes.com/2010/09/07/opinion/07orszag.html?sort=recommended

    However, Orzag may better understand what could get through this grievous Congress. Craven assholes.

    Link to Orzag’s essay: One Nation, Two Deficits

    http://www.nytimes.com/2010/09/07/opinion/07orszag.html?hp=&pagewanted=all

    Orzag posits two deficits: “a painful jobs deficit in the near term and an unsustainable budget deficit over the medium and long term.”

    I would say we have at least three deficits, with that of rational, civil, civic-minded thinking being the most dangerous. Not to mention the deficit in bipartisan collaboration on display in the Congress of No.

  2. dog's eye view

    This makes me crazy.

    Kevin Drum on recent WaPost poll results.

    Drum: “A new Washington Post poll is out. Selected questions are shown below. Summary: Americans trust Democrats more to handle the country’s problems, they think Democrats represent their values better, they think Democrats are more concerned with the needs of people like them, and they think Democrats deserve to be reelected at a higher rate than Republicans. They also think (though I didn’t show it below) that George Bush is substantially more to blame for our economic woes than Barack Obama.

    And the result of all this? They say they plan to vote for Republicans by landslide numbers. It’s the economy, stupid.”

    Drum’s titled this “The Mind Of America.”

    I would say that mind has gone on vacation.

    http://motherjones.com/kevin-drum/2010/09/mind-america

  3. dog's eye view

    Comment on Kevin Drum thread by “capkelly”

    “If this indicates the thinking out there… obviously there is no thinking going on.”

    • dnd

      To quote John Prine: “It don’t make much sense that common sense don’t make no sense no more.”

      • dnd

        Satellite view of the Four Mile Canyon fire from yesterday:

        This morning the entire northern metro Denver was covered in a smokey haze. Over 7000 acres burned and no containment yet.

  4. Dooty

    D,

    I was at Philmont Ranch in Cimmaron, New Mexico a few years ago and was riding around with the cow boss for a couple of days and we went way up on a mountain. The haze from the fires in AZ was incredible. Maybe the next time I go it will be better. Several years ago (like 10) there were some huge fires in Mexico and we could taste the smoke in San Antonio when I was there for work.

    • dnd

      Yeah Doots, this morning the air was pretty foul. It’s improved here this afternoon, but you can still smell the smoke. The air tankers that are dumping retardant are flying out of the Broomfield airport, which is about 20-30 miles from the fire have been flying nonstop since the weather permits. I think there are seven of them

      I’ve learned two things:
      1. they don’t dump fire retardant on the fire, they dump it on the ground around the fire so that it can’t spread.
      2. Boulder County Fire dispatch audio is available online. It’s remarkable to listen to responders deal with this fluid, changing situation.

      Denver TV news says that the fire is 0% contained. Forest Service choppers are dumping water on fires. Tankers flying in from Montana, Wyoming and Grand Junction.

  5. Evening peeps,

    Breaking News Alert
    The New York Times
    Tue, September 07, 2010 — 8:31 PM ET
    —–

    Obama Rules Out Compromise to Extend Bush-Era Tax Cuts for Wealthy

    President Obama will rule out on Wednesday any compromise
    that would extend the Bush-era tax cuts for the wealthy
    beyond this year, officials said, adding a populist twist to
    an election-season economic package that is otherwise
    designed to entice support from big businesses and their
    Republican allies.

    Mr. Obama’s opposition to allowing the high-end tax cuts to
    remain in place for even another year or two would be the
    signal many Congressional Democrats have been awaiting as
    they prepare for a showdown with Republicans on the issue and
    ends speculation that the White House might be open to an
    extension.

    Read More:
    http://www.nytimes.com/2010/09/08/us/politics/08obama.html?emc=na

  6. dog's eye view

    I was glad to see that. The Orszag piece was an awful way to begin the post-Labor Day season.

  7. I’m glad he’s found his line in the sound.

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