The Obama Gotcha That Failed

Reporting on Politics and Policy.
Aug. 30 2011 12:18 PM

The Obama Gotcha That Failed

It's the GOP attack of the day: Obama has deja vu! He's saying he'll unveil a jobs plan in September, just like he did in August 2010! Here's the RNC's proof:

David Weigel David Weigel

David Weigel is a Slate political reporter. 

Advertisement

They've got him nailed, except for one thing: Obama did roll out a jobs plan in September 2010. You forgot about it because Democrats, in the same pre-election panic that convinced them that not passing a budget or voting on Bush tax cuts would make them harder to attack at the polls, never voted on it. Still don't remember? Fine: It was a large package that mostly consisted of tax cuts.

President Obama on Wednesday will introduce a new $200 billion tax cut giving businesses across the country an incentive to buy new equipment in the short term, according to a senior administration official.
The tax cut would allow businesses to write off 100% of new investments in plants and equipment made between now and the end of 2011, according to the senior administration official.
The new tax cut will be in addition to a $100 billion permanent extension of the business tax credit for research and development, as well as $50 billion in new infrastructure spending included in a package that the president will officially unveil Wednesday during an economic speech in Cleveland.

Never got anywhere. Meanwhile, as Republicans make fun of Obama's pivots, Eric Cantor's memo on their agenda next week mentions two tax ideas: killing the not-yet-active withholding on payments to government contractors, and a 20 percent tax deduction for small businesses. News flash: Nobody knows how to use the tools available to government to create jobs right now, and Republicans will oppose whatever Barack Obama puts out there.

David Weigel is a Slate political reporter. 

TODAY IN SLATE

Medical Examiner

The Most Terrifying Thing About Ebola 

The disease threatens humanity by preying on humanity.

I Bought the Huge iPhone. I’m Already Thinking of Returning It.

Scotland Is Just the Beginning. Expect More Political Earthquakes in Europe.

Students Aren’t Going to College Football Games as Much Anymore

And schools are getting worried.

Crowds March in 160 Countries to Demand Action on Climate Change

Politics

Blacks Don’t Have a Corporal Punishment Problem

Americans do. But when blacks exhibit the same behaviors as others, it becomes part of a greater black pathology. 

Why a Sketch of Chelsea Manning Is Stirring Up Controversy

How Worried Should Poland, the Baltic States, and Georgia Be About a Russian Invasion?

Moneybox
Sept. 19 2014 1:11 PM Americans' Inexplicable Aversion to the 1990s
  News & Politics
Weigel
Sept. 20 2014 11:13 AM -30-
  Business
Business Insider
Sept. 20 2014 6:30 AM The Man Making Bill Gates Richer
  Life
Quora
Sept. 20 2014 7:27 AM How Do Plants Grow Aboard the International Space Station?
  Double X
The XX Factor
Sept. 19 2014 4:58 PM Steubenville Gets the Lifetime Treatment (And a Cheerleader Erupts Into Flames)
  Slate Plus
Tv Club
Sept. 21 2014 1:15 PM The Slate Doctor Who Podcast: Episode 5  A spoiler-filled discussion of "Time Heist."
  Arts
Brow Beat
Sept. 21 2014 2:00 PM Colin Farrell Will Star in True Detective’s Second Season
  Technology
Future Tense
Sept. 19 2014 6:31 PM The One Big Problem With the Enormous New iPhone
  Health & Science
Bad Astronomy
Sept. 21 2014 8:00 AM An Astronaut’s Guided Video Tour of Earth
  Sports
Sports Nut
Sept. 18 2014 11:42 AM Grandmaster Clash One of the most amazing feats in chess history just happened, and no one noticed.