POLITICAL observations & opinions

* Krauthammer certainly has a different view. Do you think he’s right, and Obama has snookered the Republicans? Or has Obama caved as so many Democrats are angrily charging? Or is Krauthammer just trying to trick Democrats into supporting Obama’s deal? This is what makes politics so interesting.

Posted by Lew Weinstein on December 10, 2010

 

who really won ???

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see also …

* and David Brooks agrees … “Obama and the Democrats have had an excellent week” … LMW: Why is it that the Republican columnists think Obama made such a great deal and the Democratic liberals are furious?

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Charles Krauthammer writes in the Washington Post (12/10/10) …

Swindle of the year

  • Barack Obama won the great tax-cut showdown of 2010 – and House Democrats don’t have a clue that he did.
  • In the deal struck this week, the president negotiated the biggest stimulus in American history, larger than his $814 billion 2009 stimulus package. It will pump a trillion borrowed Chinese dollars into the U.S. economy over the next two years – which just happen to be the two years of the run-up to the next presidential election. This is a defeat?
  • If Obama had asked for a second stimulus directly, he would have been laughed out of town.
  • And yet, despite a very weak post-election hand, Obama got the Republicans to offer to increase spending and cut taxes by $990 billion over two years.
  • Obama is no fool. While getting Republicans to boost his own reelection chances, he gets them to make a mockery of their newfound, second-chance, post-Bush, Tea-Party, this-time-we’re-serious persona of debt-averse fiscal responsibility.
  • And he gets all this in return for what? For a mere two-year postponement of a mere 4.6-point increase in marginal tax rates for upper incomes. And an estate tax rate of 35 percent – it jumps insanely from zero to 55 percent on Jan. 1 – that is somewhat lower than what the Democrats wanted.
  • The remaining question is whether (the Democrats in the House) are just stupid enough to not understand – and therefore vote down – the swindle of the year just pulled off by their own president.

read the entire article at … http://www.washingtonpost.com/wp-dyn/content/article/2010/12/09/AR2010120904472_pf.html

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LMW COMMENT …

Krauthammer certainly has a different view. Do you  think he’s right, and Obama has snookered the Republicans? Or has Obama caved as so many Democrats are angrily charging? Or is Krauthammer just trying to trick Democrats into supporting Obama’s deal? This is what makes politics so interesting.

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2 Responses to “* Krauthammer certainly has a different view. Do you think he’s right, and Obama has snookered the Republicans? Or has Obama caved as so many Democrats are angrily charging? Or is Krauthammer just trying to trick Democrats into supporting Obama’s deal? This is what makes politics so interesting.”

  1. Linda said

    No time to read Krauthammer this morning but David Brooks has an interesting take on things, too. I don’t think Obama was snookered – from all that he has said lately, including his interview on NPR this morning, he does seem to be working hard to protect all of us from the worst case scenario. Let’s face it, we can’t afford to continue to be an effective and dominating world power with all the frills we take for granted and not pay for it and allowing all the Bush tax cuts expire would be the most sane thing that could happen, not matter how unhappy we’d all be about it. Most of us can’t get past the fury we feel over the unfairness of our current tax system that continues to allow the same people who ruined the economy two years ago to be the only ones who continue to reap the vast financial rewards. The Republicans continue to think this inequality insures a perfectly healthy society. My hope now is that Obama will actually move the promise of overhauling the tax system from mere conversation to forceful action.

  2. Randy Becker said

    I, for one, know the President as a man who thinks in matrix, not linear, terms – capable of conceiving complex outcomes. Krauthammer’s theory would fit well into that kind of complex thinking. One looks at the ultimate goal (in this case the rejuvenation of the economy of the US) and then scans all of the possible routes – not necessarily the most direct route – to that end, taking into account all obstacles along the way. It requires a person who is not concerned with making grand stands on ideology nor with public images, but with achievement of those goals: an ultimate complex pragmatist who, if invested with an enduring vision of how we might be as a nation, becomes that rare entity – an ultimate complex pragmatic idealist. That, I believe, describes Barack Obama perfectly, and so Krauthammer is right.

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