Washington Post: Barack Obama won the great tax-cut showdown of 2010 – and House Democrats don’t have a clue that he did. In the deal struck this week, the president negotiated the biggest stimulus in American history, larger than his $814 billion 2009 stimulus package….
This is a defeat?
…Obama is no fool. While getting Republicans to boost his own reelection chances, he gets them to make a mockery of their newfound, second-chance, post-Bush, Tea-Party, this-time-we’re-serious persona of debt-averse fiscal responsibility.
And he gets all this in return for what? For a mere two-year postponement of a mere 4.6-point increase in marginal tax rates for upper incomes….
…the current buzz … the left will instead challenge Obama for the Democratic nomination. Really now? ….Not even Democrats are that stupid. The remaining question is whether they are just stupid enough to not understand – and therefore vote down – the swindle of the year just pulled off by their own president.