Monday, January 25, 2010
The President needs to give Progressives something to Talk About!
The President for the Good Part of 2009 totally ignored Progressives, opting for this Fairly Tale Called a Bi Partisan Approach. The Republicans Laughed in his Face and said, Nah we have our own approach the I Want The President and His Administration To FAIL Approach.
All the while Progressives where Hope that he would Fight For Progressive Policies. On Every Major Issue the President either tried to Play it Down the Middle or Leaned to the Right. At the very same time this is going on the Right Wingers were saying we need to Stop this Socialist Take Over. Many People who really wouldn't shy away from that Label that much like myself were like that is no where close to the Truth.
While the President trys to be Bi Partisan his Numbers start to Nose Dive! People all over would say it is an rejection of Socialism! Oh my God. Some how or another this characterization stuck. Mainly Because the Administration Push Back Hard Enough and abandoned Progressives to a Large Degree. Now the President is Trying to switch gears and be more Populist!
* Require companies that do not offer retirement plans to enroll their employees in direct-deposit retirement accounts unless the workers opt out.
* Increase the "Savers Credit," a tax credit for retirement savings, for families making up to $85,000.
* Change some of the rules for 401K employer-sponsored savings accounts to make them more transparent.
* Increase the child tax credit rate to 35 percent of qualifying expenses from the current 20 percent for families making under $85,000 a year. Families making up to $115,000 would be eligible for some increase in the tax credit.
* Increase child care funding by $1.6 billion in 2011 to serve an additional 235,000 children
* Boost government spending by $102.5 million for programs aimed at helping families who provide home care for an aging relative
* Ease the burden for student loans by limiting a borrower's payments to 10 percent of his or her income above a basic living allowance
Will it Work?
Posted by Anthony D. Hall at 6:04 PM