Thursday, November 11, 2010
How does a shellacked president move forward? If you’re Barack Obusha you cave to pressure from Republicans to make steep Bush-era tax cuts — including those for the wealthiest taxpayers, permanent.
On Wednesday, a sheepish David Axelrod told the Huffington Post:
“We have to deal with the world as we find it. But I don’t want to trade away security for the middle class in order to make that point.”
The tax cut concession came on the same day Obusha’s Cat Food Commission recommended slashing Social Security benefits and eliminating the mortgage interest deduction.