No he didn’t “blink.” Two years is the worst possible outcome...even worse than letting the taxes go up for everybody.
“Two years is the worst possible outcome...even worse than letting the taxes go up for everybody.”
Candidates for 2012 elections from President down will need to take a position.
I sorta like two years.
(We have a spending problem, which is NOT yet being addressed.)
Two years will give Obama an issue to campaign on, namely, he will end the tax cut for the rich in when it expires at the end of 2012. The Reps will be saddled with making the tax cuts for wealthy permanent. The majority of Americans, according to the polls, have no problem in taxing the “rich” more.