Open Thread: Is Obama’s Tax Deal a Political Masterstroke?
Charles Krauthammer certainly seems to think so . He posits that the deal the president struck with Republicans was simply Stimulus II – with a large dose of class warfare rhetoric thrown in, he might have added. 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? read more
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Open Thread: Is Obama’s Tax Deal a Political Masterstroke?
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on December 10, 2010. Filed under