President Barack Obama’s leadership of the country is “shriveling before our eyes,” former George W. Bush adviser Karl Rove writes in the Wall Street Journal
He has now given at least three conflicting explanations as to why he wants the so-called “Buffett Rule” — that would increase taxes on the nation’s highest earners — introduced, Rove said.
“Mr. Obama is not just showing he’s a tax-and-spend liberal who will increase taxes to fund an ever larger welfare state,” he said. “He is also abandoning a long-existing bipartisan consensus that encouraging savings and investment adds to prosperity.”
Rove said the president initially said the Buffett Rule — named for billionaire investor Warren Buffett, who has publicly said he should pay more in taxes — was needed to “stabilize our debt and deficits for the next decade.”
Then Obama changed his tune to say the rule was needed to bring more fairness into the tax code and now he claims it would strengthen the economy and create jobs.
“With the country's serious economic challenges, all the president can offer is the Buffett Rule? Mr. Obama is shriveling before our eyes — not physically, but in stature and leadership,” Rove wrote.
“We may be at a political tipping point where acts confirm impressions that become impossible to shake. Mr. Obama is in danger of being seen as weak, inept and not up to the job,” he said.
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