[sickoflibs]

RE :” Federal Reserve Chairman Ben S. Bernanke dropped a major bombshell on Democrats seeking massive new revenues to narrow the deficit, announcing Thursday that he favors preserving the Bush administration tax cuts in order to help a faltering U.S. economy. “In the short term I would believe that we ought to maintain a reasonable degree of fiscal support, stimulus for the economy,” Bernanke told the House Financial Services Committee. “There are many ways to do that. This is one way.” Bernanke’s statement put him directly at odds with White House officials and House Speaker Nancy Pelosi, who favors raising taxes on wealthy Americans by letting the tax cuts the Bush administration passed in 2001 and 2003 expire. “

The fact that the economy didn't recover wrt jobs puts Obama in a bad situation. If those tax cuts expire(Obama raises those taxes in effect) , and the economy stays bad or gets worse, this will put an end to the democrats long standing myth that :” Clinton's tax increases saved the economy and the Bush tax cuts destroyed the great Clinton boom. ” . Yet, Obama has got himself into a rhetorical political trap. He can't cut the the upper income taxes now but if he doesnt it could hurt his chances in 2012.

I will say it over and over. Make Obama own the unemployment and debt. His progressive leanings and supporters will not allow him to fix them (together.) If he hires more government workers, he runs up the debt. He can't win this one, and every day that goes by voters want to hear the 'it's Bush's fault' excuses less and less.

[bossmechanic]

As each demographic realizes the personal hit they are taking because of administration policies, they start
questioning the hopeandchange of the last 19months.
And it don’t look so good.
Obama’s in a slow bleed. His supporters are quietly slinking into the shadows and the bumper stickers
are coming off.