He has it now
But will suffer through the higher rates until October. My guess is that they were raising it in order to get them accustomed to a higher rates, so a higher rate then won't put him into shock. Regardless of that, the cost will probably limit the "part timers" and young from buying things. The youth are the ones that spend most of their income right away. Retail sales are bad now, as per walmart etc. who came out this week, this should take it to new lows as the FICA taxes did in Jan. Mediocrity is the socialist standard. You need to get off your high horse and start being sensitive to the middle and lower class. Obama is destroying them and making them dependent on government for food, clothing, health insurance and whatever else. Next will be tax increases for you and me to bring us down. Someone has to pay for this. Greece by the way, needs their 3rd bailout. Who is going to bail us out. Hopefully someone with common sense.