Bad Deal

Charles Krauthammer:

Why are the Republicans playing along? Because it is assumed that Obama has the upper hand. Unless Republicans acquiesce and get the best deal they can right now, tax rates will rise across the board on Jan. 1, and the GOP will be left without any bargaining chips.

But what about Obama? If we all cliff-dive, he gets to preside over yet another recession. It will wreck his second term. Sure, Republicans will get blamed. But Obama is never running again. He cares about his legacy. You think he wants a second term with a double-dip recession, 9 percent unemployment and a totally gridlocked Congress? Republicans have to stop playing as if they have no cards.

The republicans must not fall for this same rigged game again.  Taxes now for promised cuts that never come has been done again and again.

It can’t go on.

There are indications that we are already in another recession. Tax hikes now will make it worse.

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One Response to Bad Deal

  1. feeblemind says:

    Yes. It can’t go on, but it sounds like it will go on for now. Sounds like John Boehner is dumb enough to take $400 billion in cuts a decade from now in exchange for $1.2 trillion in tax hikes that start ASAP?

    I just don’t understand this or why the repubs don’t go on the offensive.

    They have the House and the power of the purse. Pass a budget and tell Reid and 0bama to take it, and keep the country running on our terms, or reject it and shut the country down. Simple as that and let the chips fall where they may.

    We are already being screwed so badly, what do we have to lose?

    If the repubs are going to cave to 0bama, why bother electing them at all?

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