“I believe the tax cuts will be extended.
People have rejected the narrative about “the rich” and Republicans aren’t ceding any ground to Obama. “
I hope you’re right! Those tax cuts were intended to stimulate the economy after the Internet bubble burst, plus 9/11. We allowed the Commies to gain control of the narrative after that. NOW is the time we should REALLY be cutting taxes and STOP spending money we don’t have!!!
I don’t, the dems have nothing to gain politically by extending them now AFTER the elections. So many are leaving it won’t help them now.
They have been blaming everything that has gone wrong the last two years on Bush and the minority of repubs in the house and senate. They will just ratchet this deflection to the repubs when the tax increases go through and the media will (because over 90% of them vote dem and are dems/socialists) give them cover. Just like normal.
Bush and the Republicans are Goldstein. Two minutes hate beginning in 3,2, 1...
I hope you’re right but Obama is great at playing the class-warfare game and, despite victory in the House, the Republicans still don’t have the two-thirds majority to override a veto. Obama is a rigid ideologue and doesn’t know the meaning or give a damn about the will of the people. I hope I’m wrong.
I honestly think Obama doesn't KNOW YET how he's going to play this. At first, he seemed to be in favor of some kind of compromise... agreeing to extend the cuts for a couple of years...
But then... the progressives started getting in his ear, and talking up his spine. At this point, if I had to bet, I think he will hold out... and veto any bill that includes cuts for the wealthy...
What will be interesting is.... Could Congress actually over-ride the veto?? In the Senate, I think.. yes. But, the Rats remaining in the House are hard-core progressives... I think, it dies there.
And, brother, if that's how it goes down.... we're going to SUFFER for the next two years...