POLITICAL observations & opinions

* The good news is that Obama is finally fighting. The bad news is he’s fighting Democrats … where has Obama been for the past 18 months, when he had 60 votes in the Senate and control of the House?

Posted by Lew Weinstein on December 9, 2010

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Politico reports (12/9/10) …

  • The economy will move “backward” if lawmakers don’t approve a deal to extend tax cuts for the rich in exchange for more unemployment benefits, President Obama said Thursday.
  • “Every economist that I’ve talked to or that I’ve read over the last couple of days agrees that this agreement will boost economic growth over the next couple of years and has the potential to create millions of jobs,” Obama said at a meeting with his Export Council.
  • Families will welcome tax cuts in their paychecks in January with the deal, Obama said, warning that “if this framework fails, the reverse is true.” He added, “Americans would see it in smaller paychecks that would have the effect of fewer jobs.”

http://www.politico.com/politico44/

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LMW COMMENT …

The good news is that Obama is finally fighting. The bad news is he’s fighting Democrats. In terms of the tax cut deal, based on where he allowed it to get, he’s probably right. But where has he been for the past 18 months when he should have been fighting Republicans so we never got into this position.

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