For Barack Obama, A Pledge Is Really More Of An Unrealistic Theoretical Suggestion

The actual word used was 'preference', but the idea is the same. Let's review. While campaigning, he said this:

Now that his policies have essentially bankrupted multiple generations of American taxpayers, that 'firm pledge' has...well, changed:

This morning at a Manhattan breakfast sponsored by Thomson Reuters, White House Budget Director Peter Orszag threw that pledge out the window. Instead, he described Obama’s “read my lips, no new taxes” pledge as a “stance” and a “preference” that is subject to study by the president’s newly formed bipartisan Commission on Fiscal Responsibility.

“The president has been very clear about what he prefers,” Orszag said under questioning from Thomson Reuters’ Chrystia Freeland. “That was his stance during the campaign, and he still believes that’s the right course forward. But he has also been very clear that we shall let the commission go do its work.”

Aw, shucks. Middle class tax cuts, here we come!

Too bad so many people who voted for change actually got their wish.

There's my two cents.