"Obama's New Populist Tone Gets Its First Test"
Fail:
Obama's New Populist Tone Gets Its First Test, by David A. Graham: Coming hot on the heels of the White House's decision not to veto controversial new measures on terror detainees, Democrats are poised for another defeat in Congress after Senate Democrats dropped their demand for a new surtax on millionaires as a means of paying for extending the payroll tax cut...
That's two major concessions in just a couple of days. ... It's a Washington truism that the current crop of Democrats are terrible negotiators. But this time, they really seemed to have it in the bag. They were calling for a tax cut, after all, and they had Republicans tying themselves in knots explaining why the party of Reagan and Tea didn't want lower taxes. All the Democrats wanted in exchange for extending the reduction was a small increase in how much the wealthy paid -- a position that was widely popular among voters. Even RedState's Erick Erickson was grudgingly impressed. "I never thought I would see the day, but Democrats are outmaneuvering Republicans on a tax cut," he wrote.
But Obama's Democratic allies in the Senate say they have now abandoned the millionaires' tax... And the White House does not appear to be pressing the case. ...
There isn't much point in asking, for the umpteenth time, why Republicans are so much better at this than Democrats. What's interesting here is the timing. Last week, Obama went to Osawatomie, Kansas, and delivered a stemwinder of a speech on inequality. The reaction was swift: left and right alike announced that the president was taking his cue from Occupy Wall Street and was adopting a stridently populist message focused on income inequality. More broadly, the speech seemed to be an indication that he was ready to shed the quiet, conciliatory demeanor and adopt a more pugilistic stance.
But the Democrats' two caves suggest Obama's new rhetoric isn't likely, for the foreseeable future, to be much more than posturing.
I really don't like that my choices in the upcoming election will be between one candidate who will betray the things I believe in, civil liberties, progressive taxation, etc., etc., etc., and a crazy person from the other side (take your pick) who will be even worse.
Posted by Mark Thoma on Friday, December 16, 2011 at 09:28 AM in Budget Deficit, Economics, Taxes |
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