Nothing else that happened this week mattered as much as Joe Biden’s visit to Costco.
Huffington Post: [Vice President Joe Biden], who flashed a store membership card as he entered the city’s first Costco on its opening day, said consumer confidence is growing – as demonstrated by the huge crowd at the gleaming new store in Northeast Washington.
“The last thing we need to do is dash that” confidence by imposing a tax increase of about $2,200 for a typical middle-class family, Biden said. Bush-era tax cuts are scheduled to expire Jan. 1, the same time as across-the-board spending cuts are scheduled to take effect. The combination of tax hikes and spending cuts could spike unemployment and bring on a new recession.
Biden and President Barack Obama have pressed Congress to extend middle-class tax cuts while raising taxes on the wealthiest Americans, while congressional Republicans have pushed to extend cuts for all taxpayers.
Biden said Congress should act on the middle-class tax cuts before Christmas to spur consumer confidence and then fight later over tax cuts for families earning more than $250,000 a year.
“We have a lot we have to settle, but there’s one thing we should all agree on and that’s the middle-class tax cut should be made permanent. I think it’s important Congress acts now, I mean right now,” Biden said at an impromptu news conference at the store, where he was surrounded by shoppers and employees eager to shake hands, take photos and even hug the vice president. [...]
Biden said he was optimistic about reaching a deal to avoid the fiscal crisis and said, “all these folks in this store, man, it’s going to make a difference. Take $2,200 out of their pockets next year, you have a big problem.”
afternoonsnoozebutton: Look at this picture of Joe Biden examining the giant pies at Costco
yahoopolitics: Joe Biden’s visit to Cosco, gif’ed. You’re welcome.
“Guys in all honesty I didn’t have my own card, Jill wouldn’t let me have one. So I went to get my wife’s card, and she said: ‘No, no, no you get your own.’” – Joe Biden at Costco in DC today.
[Source: CBS News]
Joe Biden single-handedly jumps-starts economy at Costco!
Meanwhile, before his lunch with the President:
downlo: Biden being charming at Costco vs. Mittens looking awkward as hell at McDonald’s. He also reportedly was there ahead of his lunch with Obama today. Does he think the White House isn’t going to serve a good lunch? Weird. (1, 2)