Two years is better than them expiring at the end of the year.
Good points, dirtboy.
This is the best deal we can get at this time. By 2012 we’ll see serious commodity inflation, especially in crude oil, and gasoline pries will be up around $3.75 per gallon in the summer of 2012. There is so much money being printed now and that money will flow into higher prices for products with the most limited supply, especially food, oil, and gasoline. If the GOP plays its cards right, we can take a lot of votes from Obama by pointing out how he has restricted the expansion of offshore oil drilling and continues to restrict offshore drilling permits in the Gulf of Mexico because of one incredibly stupid drilling accident by BP. (BP is a company that really wants to be an alternative energy company. I say kick them out of the US and speed up their transition to alternative energy!).
There’s going to be serious inflation of food and energy prices in the next two years and job growth will be sluggish because of the financial burden and heavy regulations imposed by Obamacare and the EPA. We’ll probably still have 8.5% unemployment on election day in 2012. A solid Republican candidate can win the Presidential election decisively in 2012 on a platform of tax relief, repeal of Obamacare, expanded offshore oil drilling (with strong safety standards to control the idiots inside BP), and the end of moronic CO2 regulation by the EPA.