Tuesday, September 7, 2010
Obama favors a tax increase (or, if you will, a refusal to allow a current reduced tax rate to continue). That Obama will not support the continuation of the Bush tax cuts for people with incomes above $250K, even though this would help with the recession, shows that Obama either lets ideology take priority over electoral strength or has really drank the cool aid and believes that this would not help with the recession, or both. I think the answer might be both. Certainly, he has behaved this way regularly in the past.