This morning Obama was there for NBC and they were there for him: “Republicans will have to decide if they’re going to block it, which will mean that middle-class taxes do go up. I don’t think they would want to do that politically, but they may end up doing it. If all else fails, if Republicans do in fact decide to block it so that taxes on middle-class families do in fact go up on Jan. 1, then we’ll come back with a new Congress on Jan. 4, and the first bill that will be introduced on the floor will be to cut taxes on middle-class families. And I don’t think the average person’s going to say, ‘Gosh, you know, that’s a really partisan agenda on the part of either the president or Democrats in Congress.’ I think people will say, ‘That makes sense, because that’s what the economy needs right now.’”
Long term has long ago been erased from our economy. Short term fixes only hide real problems which continue to grow. America passed broke many years ago yet the spending/borrowing has no end. It is also absent from the compromise.
Obama will cut nobody’s taxes. His options include either retaining current levels for $200,000 to $250,000 or increase them and eventually return them to today’s levels. Increased spending is not debatable.
Think about these short term plans, remember what has happened in every case in the past, and ask yourself why this time would be different? We are back to the idea of doing the same thing once again anticipating different results. If there were a few months of extension to work this out, why wouldn’t something such as gun control, HHS mandate, or entitlements not be number one on Obama’s priority list?
The House holds the purse strings, make the people understand what Obama is doing to them today, allow him to explain the pain of the Obama Cliff and his inability to prevent America from the dive. Short term GOP caves only screw the people they represent.