Jobs Pivot: Obama Proposes ‘Grand Bargain,’ Exchanging Corporate Tax Reform in Exchange for New Programs

“The poor condition of ░░░░░░░░ economy is an important ░░░░░░░░ of the poor condition ░░░░░░░░ our politics That s ░░░░░░░░ a surging economy means ░░░░░░░░ surge in tax receipts ░░░░░░░░ takes pressure off the ░░░░░░░░ budget because there s ░░░░░░░░ money to finance both ░░░░░░░░ spending and other things ░░░░░░░░ keeping tax rates low ░░░░░░░░ s how things were ░░░░░░░░ economic recoveries of the ░░░░░░░░ and 90s You could ░░░░░░░░ a budget deal because ░░░░░░░░ was enough money to ░░░░░░░░ around But the booming ░░░░░░░░ of those days have ░░░░░░░░ way to the feeble ░░░░░░░░ we have seen since ░░░░░░░░ so called great recession ░░░░░░░░ ended more than four ░░░░░░░░ ago Yet President Obama ░░░░░░░░ fixated on wealth inequality ░░░░░░░░ if that s what ░░░░░░░░ holding back growth Indeed ░░░░░░░░ at times seem almost ░░░░░░░░ prefer everyone be equally ░░░░░░░░ than unequally rich That ░░░░░░░░ an exaggeration of course ░░░░░░░░ it holds a kernel ░░░░░░░░ truth Republicans tend to ░░░░░░░░ about the health of ░░░░░░░░ goose Democrats about the ░░░░░░░░ of the golden eggs ░░░░░░░░ seem to think spreading ░░░░░░░░ wealth more equally will ░░░░░░░░ more of it After ░░░░░░░░ years of weakness you ░░░░░░░░ think it would dawn ░░░░░░░░ them that it simply ░░░░░░░░ t work that way ░░░░░░░░ s fairly uncomplicated Before ░░░░░░░░ can spread the wealth ░░░░░░░░ have to create it ░░░░░░░░ government doesn t create ░░░░░░░░ It absorbs it The ░░░░░░░░ sector creates it Policies ░░░░░░░░ encourage that can make ░░░░░░░░ people outrageously rich But ░░░░░░░░ make a lot more ░░░░░░░░ simply richer.”