And here I thought The New York Times editorial page was on President Obama’s side! Maybe not.
The NYT’s editorial team is encouraging the president to fess up about the need to raise taxes to handle insane deficits. They even have the huevos to recommend that, assuming an improving economy, Obama and company start the bilking next year. That’s “the natural time to start raising taxes,” they write.
Of course, that also happens to be an election year. Raising taxes then is just plain stupid — not just from an economic viewpoint, but from a political one, too. Really — tax hikes in an election year? I thought we covered that in campaigning 101.
But the NYT doesn’t get that. It suggests “simply acknowledging the obvious and acting accordingly” when it comes to raising taxes.
These folks are long past due a trip outside of Manhattan.
