Thursday, November 04, 2010
What will he get in return?
In the news
White House Press Secretary Robert Gibbs reiterated on Thursday that the president will be open to extending the upper-end Bush tax cuts for one or two years as part of a broader compromise with Republicans.
If this is a compromise, then Obama should be getting something for giving the Republicans a temporary extension of upper-income Bush tax cuts. I wonder what that will be.
You are, I assume, making a joke? Cracking wise?
As we've seen over the past two years, President Obama "compromises" by taking the Republicans' position before any compromise begins. His beginning position on health care was, basically, the Republicans' position. I expect we're seeing the same here.
Wishful thinking on Obama's part. The Republicans control the purse now and they are use appropriations as a tight leash.
The compromise is going to be that Obama passes all of the Republicans legislation, including legislation that dismantles Obamacare, and in exchange the House passes another 30 days of appropriation bills. Obama vetoes bills, selected parts of his administration are defunded and shut down.
Funtime is over. The parents are home and they are taking back the car keys and the credit cards.
jms is salivating at the anticipated extension of the "upper U.S." Bush/Cheney tax cuts. (Yes, this was inspired by an old Italian dialect joke.) And that would do what to deficits - "upper U.S"?
No, I want to see massive spending cuts to reduce the deficit. We could probably lay off 75% of the Federal labor force without much effect on people's daily lives. A 25-40% pay cut for the rest should just about do the job.
If they don't like it they can resign. There's a lot of people ready to jump in and take those jobs.