President Obama gave what I thought was a wonderful speech explaining how he'd like to get the Jobs Act paid for. But he didn't do several things, the most obvious is actually send specific legislation to the House. But there were other notable problems. What should the actually tax rate be for high income people? Do we go back to the rate under Clinton, or is it actually to be higher since deductions are taken away? Part of the money to pay for the Jobs Acts is money saved in drawing down the war. If the Job Act isn't passed, it's not likely that you're going to keep wars going, so in fact, this isn't savings at all. Savings in Medicare and Medicaid comes from what? Was this ever explained and I missed it? That is possible but I doubt it, as no news bureaus explained how it would be accomplished.
Now, again, I thought the President gave a great speech, and I agree with him in principle. But as they say, the devil is in the details. And the largest detail is missing: The Tea Party controlled house isn't likely to pass anything that the President brings them to enact. So Tea Party members, where is your plan for getting people back to work? No, a tax plan isn't a jobs plan. A tax plan is a way to change taxes. A jobs act is a way to create jobs. You don't like the President's plan or his way to pay for it? Bring up your own legislation, pass it, and get it to the Senate. But if you don't, you can't complain when the President says you're a do-nothing Congress. All he's doing is telling the truth.
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