It’s a whole new body politic. The rise of instant technology has altered our approach to politics, not just on the campaign trail. We expect legislative, economical, and political change as quickly our communications devices deliver the latest tweet, and forget it just as quickly.
Our need for instant gratification puts us in a curious position regarding these tax deals. The Republicans, who never saw the economy recover soon enough for their liking, probably missed taxpayers 12.0 billion profit made by the treasury when it sold off its remaining common shares of Citigroup on the same day as the-perhaps defunct- tax deal.
The Republicans will not view the government selloff of Citi at profit as evidence of the success of TARP. Even if they did, the recovery is moving too slowly for their populists rage.
Sill though, how can Republicans hold the line on tax cuts for millionaires, when sixteen more billionaires just promised to give away half their money to charity? By extending tax cuts, the only thing Republicans know how to do, they think they can shift the economy from dial-up to DSL, but that’s like demanding to watch paint dry in blue ray. Why bother?
As for cutting taxes in a recession, it’s hard to heed advice from the same people who argued for these tax cuts during an unfunded war.
We seem to be getting a little too myopic these days, especially the independents who eschewed Sarah Palin for the hopes of a centrist Democrat-at least that’s what they saw in Obama. As soon as those jobs never materialized it was back to the right, and Obama’s rush into Healthcare didn’t help either. The best laid schemes…
Then there are the Democrats. In an effort to satisfy their constituents, Democrats did everything backwards by putting healthcare first. I get the idea of bringing long-term health costs down. I recognize and support the need for healthcare reform. I just think we should have done it after large bi-partisan deals. Here’s why:
A focus on bi-partisan jobs creation two years ago with compromises from both parties would have established a more collegial tone in Washington today. Further, it would have given creed to Obama’s “new kind of politics,” allowing him to control the discourse.
Had the Republicans refused to come along on healthcare reform after compromises on other big legislation, the public might have viewed their austerity as a negative, instead of the positive we saw on Election Day. The Democrats’ nearsightedness ruined their own good fortune, but that tends to be what Democrats do best.
Because Democrats refuse to own up to their own shortcomings, they’re now calling Obama a coward or weakling. His weakness, however, stems from his failure to assert himself within his own party at the beginning of his presidency. When Obama refers to the shellacking he took, I wonder if he had any idea how much would come from his own party.
This holiday season I’m getting Mr. Obama the upgraded Spine 2.0.