{"id":37021,"date":"2010-12-07T01:01:01","date_gmt":"2011-05-19T00:15:27","guid":{"rendered":""},"modified":"2011-05-19T00:15:27","modified_gmt":"2011-05-19T00:15:27","slug":"el_rushbo_s_take_on_the_tax_deal_republicans_could_ve_done_better","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2010\/12\/07\/el_rushbo_s_take_on_the_tax_deal_republicans_could_ve_done_better\/","title":{"rendered":"El Rushbo\u2019s Take on the Tax Deal: Republicans Could\u2019ve Done Better"},"content":{"rendered":"
\n

RUSH: Michele Bachmann is organizing opposition to the deal and is basically fighting the establishment once again. Her primary argument is that the payments to people who don\u2019t work and don\u2019t pay taxes are just staggering. There is a continuing redistribution of wealth that\u2019s taking place. Now, in one sense, Obama has experienced his first defeat here in his effort to make the country worse off. He wanted a tax increase, and he has failed to get that. Now, we\u2019ve been taking it in the shorts for two years from this guy, and that has been stopped in this deal. And it happened in the lame duck. Republicans do not run the House; they don\u2019t run the Senate; they don\u2019t run the White House, so in that limited context it\u2019s a good deal. Also, Obama\u2019s left is just wildly opposed to this. They are just beside themselves. They think he has totally caved because the rich are not going to experience a tax increase. I mean, for ten years these guys have been talking about tax increases on the rich, it\u2019s a must, and now Obama is out there calling this a stimulus plan. That\u2019s just got them so upset. It\u2019s equivalent to the way we were when Bush 41 went ahead and raised taxes after promising not to. Only I think for the Bamster this one is even worse. <\/p>\n

A lot of people that worked in the Reagan administration, Hugh Hewitt is one, on his blog, not happy at all with any of this and it\u2019s basically based on the fact that Republicans don\u2019t look like they\u2019re willing or able to fight on any key issue, didn\u2019t fight on anything here. We didn\u2019t get anything. In fact, we got more unemployment benefits. We got 13 months of it. How about five months? How about six months? But 13 months, which means next Christmas we\u2019re doing this all over again, which means they will be extended again. In that sense it\u2019s not good for the people getting the stuff; it\u2019s not good for us; it\u2019s not good for the country. This is not how great countries are made. We\u2019re not Europe. We don\u2019t want to become Europe. We don\u2019t want a 14% permanent underclass. And we don\u2019t want 14% of people rioting when the inevitable day comes that the money runs out for \u2019em because technically it already has. We don\u2019t have the money. But nevertheless, it\u2019s fun to look at the left on this. <\/p>\n

Hurricane Katrina vanden Heuvel in the Washington Post: ‘Obama: On the Way to a Failed Presidency?\u2019 The left is becoming unglued. On his way to a failed presidency? When Hurricane Katrina vanden Heuvel turns on you in the Washington Post, you know you are in trouble. She writes: ‘Ronald Reagan famously quipped that the Democratic Party left him before he left the party. Like many progressive supporters of Barack Obama, I\u2019m beginning to have the same feeling about this president. Consider what we\u2019ve seen since the shellacking Democrats took in the fall elections.\u2019 They are beside themselves. Look, we\u2019re in Afghanistan with greater numbers, and Obama\u2019s created the impression he wants to win there. So that\u2019s a double whammy. The left does not want a military victory, and they don\u2019t want it in Afghanistan or Iraq to boot. They want out of Iraq, they want out of Afghanistan, we\u2019re in both places. They want Gitmo closed. It\u2019s still open! From the perverted positions of the far left, this guy is an utter disaster. He\u2019s a liar. He used \u2019em. He used their money, he used their votes, and he hasn\u2019t done diddly-squat. Now, to us, he is the uber-leftist who\u2019s destroying the country. For them, it\u2019s not happening fast enough. <\/p>\n

‘On the economy, the president has abandoned what Americans are focused on — jobs — to embrace what the Beltway elites care about,\u2019 and she\u2019s one, she is the Beltway elite, multimillionaire heiress. She says the Beltway elites care about deficits. ‘His freeze of federal workers\u2019 pay –‘ Hey, Katrina, nobody\u2019s pay was frozen. That\u2019s a big game. ‘– of more symbolic than deficit-reducing value, only reinforced right-wing tripe: that federal employees are overpaid; that overspending is our problem, as opposed to inane tax cuts for the top end; that we should impose austerity now, instead of working to get the economy going. Now the not-so-subtle retreats are turning into a rout. The president is touting a NAFTA-like corporate trade deal with South Korea,\u2019 which she doesn\u2019t like. This, she says, ‘is political self-immolation. Blue-collar workers abandoned Democrats in large numbers in the fall; wait until they learn what the trade deal means for them. Seniors went south, probably because of Republican lies about cuts in Medicare –‘ Hey, there are cuts in Medicare! The doctors are getting out of the business! ‘– wait until anyone over 40 who\u2019s lost their savings hears about Alan Simpson\u2019s plan to take it to the ‘greedy geezers.\u2019 The $60 billion each year in Bush tax cuts for the richest Americans could pay for universal preschool for America\u2019s children, or tuition and board for half of America\u2019s college students.<\/p>\n

‘The stakes are much higher than the distant election. The president has suggested unconvincingly that he\u2019d prefer to be a successful one-term president than a two-term president who didn\u2019t get anything done. But there are other alternatives. If the president continues on his current course, we\u2019re looking at a failed one-term presidency that the nation cannot afford.\u2019 We\u2019re already there, Katrina. We\u2019re already there. In two years we cannot afford the guy. She writes: ‘This president has a historic mandate.\u2019 From whom, Katrina, you? The ghost of Lenin? Who? ‘If he shirks it, he risks more than failing to get reelected. He risks a failed presidency.\u2019<\/p>\n

This is a story from FoxNews.com: ‘Harry Reid ‘Looked Like Someone Shot His Dog.” He always looks like somebody shot his dog to me. ‘There really is no other way to say it: the Republicans won, the liberal Democrats lost, and the president sided with the Republicans. The subject, of course, is an agreement to extend all the Bust tax cuts. The president tonight announced a ‘bipartisan framework\u2019 for agreement on, among other things, to extend the Bush tax cuts for two years. A Republican House aide tells me –‘ this is the Fox reporter ‘– tonight it is ‘a damn good deal.\u2019 And so it is, from the perspective of conservatives. As they\u2019ve been demanding, all of the Bush tax cuts are extended for two years. The estate tax that was due to pop back up to a rate of 55 percent was retained, but with a $5 million exemption and at a rate of 35 percent (better than Republicans privately expected). For that huge concession, the president extracted… a 13 month extension in unemployment benefits.<\/p>\n

‘Now it\u2019s true that the deal includes a one-year payroll tax cut of 2 percent. Plus other tax credits — the earned income credit, the child tax credit and the newly created college credit — all remain in place. And businesses will be allowed to expense 100 percent of their purchases for equipment. Liberals and White House spinners will argue that the White House ‘wanted\u2019 many of those tax credits and breaks, but in point of fact the Republicans didn\u2019t mind giving more tax breaks. … So you can see why liberals are morose. A Capitol Hill aide described Sen. Majority Leader Harry Reid\u2019s demeanor upon returning from the White House: ‘He looked like someone shot his dog.” So that\u2019s the Fox News interpretation. Slam dunk, big-time win, for conservatives. <\/p>\n

My take is, taken by itself in its own universe, yeah, okay, pretty good. I like the fact the left hates Obama. I like the fact they\u2019re mad at him right now. I like the fact that nobody\u2019s taxes are going up. But placed in the context of the shellacking and of this huge election victory, it\u2019s not nearly what we coulda gotten. It\u2019s not nearly what we could have gotten. Damn straight, Snerdley, from Democrats in the House, damn straight. Damn right. We had a caller earlier that was right on the money. There was no way Obama is gonna sit there and let taxes go up for the middle-class and the so-called poor. No way he woulda done it. So there was leverage. Look, I\u2019m just gonna be flat-out honest here. I think the people that are head over heels with this deal are head over heels — what\u2019s the right way to put this? I keep talking about the way the table is set. This is all based on phony expectations. I think going forward we\u2019re actually in good shape, like repealing parts of health care, because, remember, now, there\u2019s not a budget. There isn\u2019t a budget. And there isn\u2019t gonna be a budget before we take over. We\u2019re gonna be writing the budget, and as such we can put anything in that budget we want. Well, we\u2019re gonna get rid of that portion of health care, we\u2019re gonna get rid of that portion. Make him veto it! Put it in the budget, not just separate legislation. Put it in the budget. <\/p>\n

We got all kinds of potential. Certainly the situation\u2019s going to increase. What is really the intense period of time, four months, five months, the options have been ending the Bush tax rates or extending them. Those have been the two options. So obviously if keeping them rather than having them lapse within the context of the way the table was set, yeah, big deal. But that\u2019s a narrow, narrow, small table that was set, if you ask me, and it was set by Obama. It was Obama who set the table. (imitating Obama) ‘The Bush tax cuts are gonna expire, they\u2019re gonna expire.\u2019 And so the debate began, okay, are they gonna expire or not? While the Democrats are out there talking about tax cuts there has never been a tax cut on the table. And we didn\u2019t put any tax cuts on the table; Obama did. This holiday on the payroll tax, that\u2019s his. It\u2019s his idea. And it\u2019s not new. He\u2019s had it out there I think since September. (interruption) Would government shut down, if it happens again? If Obama shuts down the government because we put some repeal legislation inside budget legislation, if he shuts down the government, I think we win this time on that. But I don\u2019t think that we\u2019ll have the guys on our side confident of that, so I don\u2019t think they\u2019ll do it. But I think we\u2019d win.<\/p>\n

I think the people of this country are very much ahead of where the elected officials they put into office are, in terms of knowing the mood of the country and assessing the strength. That November election, folks, that was significant. That was a shellacking from coast to coast and deep. States, local level, it was a nuclear bomb against the Democrats. They have got nothing. They have tried their way, it\u2019s been out in the open, and it was rejected big time. The spending rejected big time. And these unemployment extensions are not paid for, and if it\u2019s one thing that people in this country are fit to be tied over it\u2019s the spending. They are not paid for, and they are not productive to anybody. The people getting the benefits are in the end harmed. Their dignity, their potential is harmed. ‘But Rush, but, Rush, the economy is so bad where they gonna get work?\u2019 If we have that mind-set, the economy is so bad where they gonna get work it\u2019s always gonna be that bad if that\u2019s our mind-set. I know he\u2019s gonna get hurt again by extending the unemployment, he\u2019s guaranteeing a high unemployment rate. So from a political standpoint, fine, yeah, if it helps our chances in 2012 to keep people miserable, fine, I guess we\u2019ll go for it. And that\u2019s what the unemployed are: miserable. <\/p>\n

I know in any group of people you\u2019re gonna have slackers who will take whatever they get as long as it doesn\u2019t cost \u2019em anything, and they\u2019ll make due with it. You\u2019re gonna have others who will be ashamed of it, you\u2019re gonna have others who will be inspired by it, you\u2019re gonna have some who will be the opposite of inspired by it. At the end of all of this, paying people for three years not to work in the United States of America is not something I\u2019m proud of — I don\u2019t even care about the political ramification — as somebody who generally loves people, cares about people, knows what opportunities exist in this country and knows what everybody has the potential to do. Not everybody has the same amount of talent, some people have to work harder, some people have to identify what it is they want to do more than others do, but it\u2019s there for people who want to try. And this is a disincentive to the very people who need to be inspired and motivated. And that\u2019s where we come in, that\u2019s where our side comes in. That\u2019s what Reagan did. Reagan inspired and motivated people. <\/p>\n

It took Reagan eight months to get his tax cuts, eight months of his first term, first year, and he had a Democrat House and a Democrat Senate. He didn\u2019t have anywhere near Republican numbers, and, look, he got major, major tax cuts, and he did it personally. He didn\u2019t have any favorable media. He didn\u2019t have talk radio; he didn\u2019t have blogs; he had none of it. He worked his butt off. This is why some of the Reaganites, like Hewitt, my buddy Levin, some of these others are not over the moon with this because they don\u2019t see any work expended here. It\u2019s tough to get what we want, but we won the election. Reagan won the election, and people have forgotten the opposition. It took him eight months and he got tax cuts of 25% through people like Tip O\u2019Neill and Jim Jones and Jim Wright and George Miller and all these other guys, John Kerry, Ted Kennedy, he did it. It can be done. But you have to try. And you have to have a commitment to it, which he did. <\/p>\n

BREAK TRANSCRIPT<\/p>\n

RUSH: I got people reminding me, ‘Hey, Rush, this deal doesn\u2019t get extended for people that have already got their 99 weeks.\u2019 I\u2019m the one who made that announcement this morning. When I led this program off in asking you for your opinion I said, ‘Remember, this does not extend the 99ers.\u2019 I understand that. I get that. Don\u2019t misunderstand. Look, here\u2019s where the tax rates stay the same — and I know, I know, this is not the Republicans that won the election. It\u2019s still the old guys. But it is the leadership, the same leadership. Tax rates stay the same. The estate tax increases for certain Americans (still an increase). You have ‘tax credits\u2019 for people that don\u2019t pay taxes, which were significantly increased in the stimulus. They stay. <\/p>\n

Unemployment compensation is extended not a few weeks or months but for 13 months, so we gotta do this all over again this time next year. Payroll deduction for one year only. There\u2019s a one-year business deduction for certain investments, expenses. That\u2019s good, but Obama wanted that all along. The payroll thing, the business deduction, those are his tax cuts. So agreeing to that was a no-brainer. So the left is gonna go nuts, they are going nuts. The Republican leadership\u2019s gonna lobby for it and all that — and within its own context, it\u2019s great. I love seeing the left mad at Obama. I love the fact I\u2019m not gonna face a tax increase and nobody else is gonna face one.<\/p>\n","protected":false},"excerpt":{"rendered":"

RUSH: Michele Bachmann is organizing opposition to the deal and is basically fighting the establishment once again. Her primary argument is that the payments to people who don\u2019t work and don\u2019t pay taxes are just staggering. There is a continuing redistribution of wealth that\u2019s taking place. Now, in one sense, Obama has experienced his first […]<\/p>\n","protected":false},"author":25,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[],"tags":[],"yoast_head":"\nEl Rushbo's Take on the Tax Deal: Republicans Could've Done Better - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rushlimbaugh.com\/daily\/2010\/12\/07\/el_rushbo_s_take_on_the_tax_deal_republicans_could_ve_done_better\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"El Rushbo's Take on the Tax Deal: Republicans Could've Done Better - The Rush Limbaugh Show\" \/>\n<meta name=\"twitter:description\" content=\"RUSH: Michele Bachmann is organizing opposition to the deal and is basically fighting the establishment once again. 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