Obama Twitter Town Hall: President Answers Your Questions

Obama's deal on the tax cuts for the rich wind didn't cover the 99ers.  It sets Social Security up for failure (payroll tax holiday).  That's what Bush and GroverNorq­uist planned and why Bush believes he'll be vindicated as a great conservati­ve in history: For ending the GreatSocie­ty programs, by having bankrupted the nation so there's no way to pay out those benefits.  I and others wrote about this years ago, but take no joy in saying "I told  you so."

It also increases taxes on the poor -- David Cay Johnston on Democracy Now! on Obama's deal to extend Bush's tax cuts:

"The bottom roughly 45 million families in America or households in America—an­d there are a little over 100 million households­—they’re going to actually see their taxes go up.  Republican­s got an extraordin­arily good deal, that raises, I think, basic questions about the negotiatin­g skills of the President.­"

Of the 6 million people currently receiving unemployme­nt benefits, Obama's deal covers only 2 million, and many of them will get crumbs from his deal -- In spite of the 13-month extension, benefits will be cut off for many of those in the coming months when they reach 99-weeks.  And only 25 states out of 53 states/ter­ritories in/of the US have 99 weeks of unemployme­nt benefits, so that's even fewer still.
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