WASHINGTON (AP) – President Barack Obama is extending a new proposal to Republicans that he hopes will break the political gridlock on budget negotiations, offering to cut corporate tax rates in exchange for job investments.
White House officials say just because they’re at an impasse with congressional Republicans over a grand bargain on reducing the deficit doesn’t mean they shouldn’t look for other areas of agreement. So Obama plans to use a trip to an Amazon.com distribution center in Chattanooga, Tenn., on Tuesday to propose a “grand bargain for middle-class jobs.”
7 thoughts on “‘Grand bargain’”
My psychic powers have been activated. The Republicans will say, “No!”
A corporate tax cut in exchange for jobs. That’s a tough one politically for the Republicans. And they’ll scream about the minimum corporate tax provision. But this is a Democratic proposal for more jobs in the middle of high unemployment.
Just how many more middle class jobs will this kill?
Why would it kill any? Or was that just a knee jerk reaction Republican question asked in jest?
So this model Amazon facility in Tennessee? Was that one of the Amazon warehouses where people were fainting during hot weather, got no breaks to get some water to drink, had to work until they fainted, etc?
And this is the model company the President of Hope and Change wants to put on display because they are one of the few that plan to add jobs? And this is why we have to cut corporate tax rates so corporations will have incentive to invest?
“… “But I didn’t like the union,” Herbold admitted bluntly, complaining about the monthly dues and his perceived lack of responsiveness to rank and file members. “But now after working at Amazon,” Herbold says of his five months laboring in a sweltering warehouse, “I understand what unions are all about.”…”
“…Warehouse temperatures sometimes hit 115 degrees or higher says Salasky, as paramedics waited outside on a daily basis to treat the inevitable fallen. Even in the middle of winter workers would wear shorts and short sleeves in the sweltering warehouse, but when a fire alarm was pulled, they’d be forced to stand outside for hours in the freezing cold with no coats or gloves. Unable to catch the culprit who’d been pulling the fire alarm, Amazon eventually fired the entire night shift on hand during a subsequent incident…”
So Obama, the bankers and Corporations bestest friend ever, wants to show up at Amazon with a message of “see, these guys are hiring, and this is the way we want our corporations to be”.
And people, flesh and blood people, are supposed to run out into the streets and proclaim lowering the corporate tax rate is just the swellest thing they ever heard of, and to swamp the phones of their elected officials with many, many calls urging “more of this, please”.
To break the stalemate, you know. Because grand bargain. Because maybe, just maybe, some rich person somewhere might hire somebody someday.
Color me really enthused; I mean really energized!!!!!!!!
Hhhmmm. Using the words “grand bargain” to describe a jobs program?
Could not possibly by an attempt to associate a program people really want and desperately need, a jobs program, with those words? So that when he uses them for scheme to cut SocSec and Medicare/Medicaid people will be somewhat less worried and suspicious?
But then I may just be too cynical given how many of Obama’s fine words really masked his naked Corporatism and its negative effects of the 99 Per Cent.
“…Could not possibly by an attempt to associate a program people really want and desperately need, a jobs program, with those words? So that when he uses them for scheme to cut SocSec and Medicare/Medicaid people will be somewhat less worried and suspicious?…”
Oh, jb! Such skepticism, such, such lack of faith in Hope and Change… … I’m stunned, I’m chagrined, I’m saddened beyond words…
And I agree.
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