Elections Have Consequences – Tax Cut Edition

Thursday, December 9, AD 2010

I’ll leave it up to others on the blog to discuss the merits of the compromise on taxes and unemployment benefits recently reached between President Obama and Congressional Republicans.  For what it’s worth, I’d probably vote for it were I a member of Congress (shudder), but I do think that the Republicans could have pushed a little harder on certain measures.

What fascinates me as a student of American history are some of the reactions, and also some of the reactions to the reactions.  First of all,  Congressional Democrats have rejected the measure in a non-binding caucus vote.  This has caused Jim Geraghty to ponder:

I understand the White House line is that today’s rejection is part of the “normal process.” Really? Is it normal for a majority of the president’s own party to vote against deals he makes?

Normal?  No.  But I think this is a positive development in a way.

Continue reading...

4 Responses to Elections Have Consequences – Tax Cut Edition

  • Actually, I do have one idea: Bring ALL the troops home, cut military spending in half, close 700 bases around the world and raise the draw bridges.

    Without getting into the merits of this idea, do you really believe that this would save $5 trillion?

  • Paul, “compromise” may be de riguer in politics and “another example of the Constitution in action,” as you put it, but in other spheres of life it is an ugly word.

    The Irish poet Yates once wrote, “You know what the Englishman’s idea of compromise is? He says, Some people say there is a God. Some people say there is no God. The truth probably lies somewhere between these two statements.”

    And, from George Jean Nathan: “A man’s wife is his compromise with the illusion of his first sweetheart.”

  • Well Joe, we can go on pretending that the President of the United States is not a Democrat, and therefore the GOP would be free to push whatever policies it so chooses, or we can wake up and smell reality. The tax cuts are going to expire in 21 days, and do you have another means by which to convince a President I’m willing to bet you’d consider a socialist to allow the tax cuts to continue?

  • I am apolitical, Paul. I have no love for either party. These fiscal bookkeeping games are beyond my ability to grasp, nor anyone else’s. Administrations for decades have been fine-tuning tax policy and the result is always the same: the haves get more, the have-nots less. I have no solution, of course, and I don’t think it lies in any one philosophy, left or right. As a collector of Social Security solely, it has no effect on me either way and I have no inheritance to leave upon my demise.

    Actually, I do have one idea: Bring ALL the troops home, cut military spending in half, close 700 bases around the world and raise the draw bridges. We’d save $5 trillion and could have universal health care, buy a new car for everyone who didn’t get one from Oprah and still have enough left over for a pretty good weekend in Vegas.