As predicted, the President has agreed to Republican demands that the wealthy continue to enjoy their low tax rates.
President Obama struck a tentative deal with congressional Republicans yesterday to extend all of the Bush-era tax cuts in exchange for an extension of unemployment benefits, a move the president said would avoid a damaging stalemate but which infuriated liberal Democrats and left unclear whether the plan could be passed by Congress.
I’m sure a real struggle was required to hammer out this compromise. BIFF! BAM! POW! And the Republican negotiators emerged battered and bloody after a hard-fought battle in which they barely eked out a technical decision, while having to give huge concessions.
Let’s hear it for Battlin’ Barack Obama!
Hip! Hip! Meh.