Speaking of issues, Obama has now taken his third stance on raising taxes, saying that because the economy isn't doing well, he may postpone the raising of taxes on the wealthy.
Previous to this, his plan was to eliminate all rate tax cuts enacted in 2001, raise the capital gains tax from 15% to 25% (later revised to 20%), raise the top income tax rate to 39.6%, and eliminate the ceiling on income subject to Social Security taxes.
He's finally seen the light that tax increases kill economies since it sucks all the capital out of the economy and eliminates jobs.
But what he's essentially saying is that he's going to wait for the recession to end before he wrecks the economy. (I'll credit that to James Taranto of the Wall Street Journal. I just thought that was too funny when I read it, and too true.)
