President Barack Obama took full responsibility for the sluggish economic recovery and said that “we have not made as much progress as we need to make”.
Obama said he was doing “a whole lot of reflecting” following heavy losses across the country just two years after he took office, a repudiation by voters of the president’s policies.
Either way, Barack Obama will be judged as a President on the bottom line results.
The bottom line to the real bottom line is, the Bush-era tax cuts that will expire at the end of the year unless Congress decides otherwise is the next big issue both sides will have to decide on in the coming weeks.
Obama has sought to make all of them permanent — except for families making more than $250,000 a year or individuals making $200,000 a year — while Republicans want to preserve them for every tax bracket.
So the bottom line is the money for republicans and the tea party activist feel as though they now have the upper hand.
So if the tea party are all republican activist, how come the dems don’t have a coffee clutch party? I thought the Rev. Al Sharpton was leading that fight based upon his march against Beck and the tea party’s rally back in August. I thought Al Sharpton was Barack Obama’s ears in the streets? What the hell happened because based on the results, every single candidate (including Nicole Paultre Bell) lost in yesterday’s election.
According to one of many phone calls I received this morning, Al Sharpton has lost his street CRED.
What do you think? Who should be doing more to help President Obama and the democratic party?