Yesterday we learned, via CNN through Hot Air, of this
The source tells CNN that Kaine will announce something that will excite Democrats across the country. Kaine’s event comes as Democrats face the difficult task of holding onto their majorities in the House and Senate this November.
Could this be the big news, posted at 8:18pm at The Hill?
China’s currency manipulation is set to become a major campaign issue for Democrats in the final weeks before Election Day.
House Democratic leaders are considering legislation that would hit Chinese imports with tariffs for currency manipulation, while business groups have launched an all-out effort to stop that bill in its tracks.
Too be honest, I do not know enough about the issue to say if it is good or bad legislation. I do not want to have a knee-jerk reaction which says “bad Democrats.” I will say that it is probably not wise to antagonize a country that holds so much of our nations debt (around $755 billion), debt run up mostly by Democrats. But, here’s the money part
In an interview, Rep. Tim Ryan (D-Ohio), the lead sponsor of the China bill under consideration, argued his bill could be “tremendously helpful†to Democrats trying to rally their base in the fall, particularly in the Rust Belt where manufacturing jobs have been lost to China.
“A lot of people talk about the enthusiasm gap. A lot of that is labor and union voters,†Ryan said.
Taking on China “makes sense to a lot of workers in the industrial Midwest†and will move Democratic and independent voters to the polls, he said. It will convince voters that Democrats are the party that is “going to be on your side, taking on the Chinese.â€
So, could this be their big mega-awesome announcement? Particularly since the whole purpose of the legislation to get in a pissing match with China seems to be partisan get out the vote, fire up the base (which I doubt will work, but, then, I can’t really understand the mind of a lefty moonbat)? My first guess at Hot Air was that the Dems would announce the “Obama tax cuts for the middle class.”
PS: the announcement will be made Wednesday afternoon.
Crossed at Right Wing News and Stop The ACLU. Re-Change 2010!
Our debt skyrocketed under Bush we had 2 expensive wars and we put that all on the Chinese credit card. And we have been unable to pay anything but the minimum for the last 9 years. Teach in 2001 would YOU have wanted a tax increase to pay for these wars ?
‘lil LIAR would rather allow continued attacks against the US by muslims.