Obamablame

At a meeting this afternoon, it was remarked, "The federal estate tax exclusion has gone up to 5 million this year." Someone else said something like, "He must have missed that one." "He" meaning Obama. There were some nods and chuckles around the table, me excluded. Some kind of cut an eye my way, and I was stone faced, looking at the tabletop.

Bear in mind federal income taxes are at 20-year low levels, 45% of Americans don't pay any federal income tax, etc. Low marginal tax on the most wealthy.   

Still the expression lingers, "Tax and spend Democrats."   Democrats have done their share of spending, but taxing?
On Wednesday, a gent said, "Obama cut out the COLA from our social security." My understanding is the Cost of Living Adjustment is pegged to the CPI; when the Consumer Price Index is stable, there is no COLA. That Obama had nothing to do with it.

And so it goes. Obamablame.