Mick’s Musings

Bill McGurn in the Wall Street Journal reminds us of the last time a Democrat promised a Middle Class Tax Cut on those who earned less than $200,000 a year (sound familiar?)

Back when Mr. Clinton was campaigning for president in 1992, he made a pretty direct pitch:

Raise taxes on people making more than $200,000, and use those revenues to fund tax relief for the “forgotten middle class.”

In an October presidential debate, then-Gov. Clinton laid out the marginal-rate increase he wanted and some of his plans for the revenue that would be brought in. He followed with a pledge:

“Now, I’ll tell you this,” he said. “I will not raise taxes on the middle class to pay for these programs. If the money does not come in there to pay for these programs, we will cut other government spending, or we will slow down the phase-in of the programs.”

Mr. Clinton, of course, won that election. And as the inauguration approached, he began backtracking from his promise. At a Jan. 14, 1993, press conference in New Hampshire, he claimed that it was the media that had played up a middle-class tax cut, not him. A month later, he announced his actual plan before a joint session of Congress.

On page one of the New York Times, the paper described the fate of the middle-class tax cut this way: “Families earning as little as $20,000 a year — members of the ‘forgotten middle class’ whose taxes he promised during his campaign to cut — will also be asked to send more dollars to Washington under the President’s plan.”

Only Barack isn’t even waiting to be elected.  Right now as I type this he’s already dropping hints in a stump speech in Indiana.

“We will all need to sacrifice, we will all need to pitch in.” –Barack Obama 8 October 2008

Bend over folks, we were screwed by Congress last week, next year with an Obama Presidency and a likely all Democrat Congress to rubber stamp whatever he wants…the pain train’s a comin!