Like a puppy smacked across the nose: Barack Obama to hastily drop proposed 529 tax.


President Obama, facing angry reprisals from parents and from lawmakers of both parties, will drop his proposal to effectively end popular college savings accounts known as 529s, but will keep an expanded tuition tax credit at the center of his college access plan, the White House said Tuesday.

…Although I don’t know why he bothered to keep the tax credit: the aforementioned college access plan isn’t going anywhere anyway.  Oh, I’m sure that something will get signed, eventually.  But precisely what that is will be determined by the adults that the American people put back in control of Congress last November, not the petulant man-child who is still occupying the White House… for less than two more years.

Say it with me.  For less than two more years. Does it not roll off the tongue? Does it not delight the ear? Is it not a majestic phrase? – Not as much as For less than one more year, of course.  And certainly not as much as He’ll be out of there, starting tomorrow.  I live for the day when I no longer have to give any more of a tinker’s dam about Barack Obama’s opinions about anything than I do about Jimmy Carter’s…

Moe Lane

3 thoughts on “Like a puppy smacked across the nose: Barack Obama to hastily drop proposed 529 tax.”

  1. “Politician Panders Desperately to the Shrinking Circle of His Base” – is not a headline I expect to see anytime soon, but I think it is descriptive.

    Unfortunately I expect we will have over thirty years of his petulance to endure, such as we have had from Mr. Carter. My solace is that I am younger than Mr. Obama and outside of misfortune I should live long enough to see his presidential funeral after a ripe old age of reminding everyone what he is like and thinks of this country and its citizens.*

    *Much like Mr. Carter. Mr. Clinton seems to enjoy life too much to swig from a bottle of vinegar before speaking.

  2. Just noting that it is Obama we are dealing with, and he has more than a little bit of history. He dropped the legislative proposal. He has history of doing things outside of statutes by administrative regulation or decree. And getting away with it unopposed. Nobody should let their guard down.

  3. I don’t think he learned a lesson here. I think this was a political move from the start. It may be hard to believe, but what if he is just laying cover for Democrats in 2016? He knows he is done, he can’t get anything done he really wants, so now he is throwing out all of his crazy ideas so even Democrats like Nancy Pelosi can say, “I fought the President on xxxx” when it comes time for the 2016 election.

Comments are closed.