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Friday, November 5, 2010

More on Restoring Fiscal Sanity


Andrew Sullivan keeps saying that Obama is the adult in the room, but this (KOS-link) is not a politically savvy "compromise", is it? "Adult" is not the label I would use.

Here's what the President and all the "Democratic Leaders" need to come out and say:

The Republicans are going to tell you what you want to hear, that we can "afford" a tax cut for everyone and you "deserve it".

(Because I'm The President,) I'm not going to tell you what you want to hear, but I'm going to tell you what you need to know.

For every dollar in fraud, waste, and abuse that the Teapublicans find and cut, Senate Democrats (not Obama) should offer to lower the marginal tax rate on the top 2% by just that much, immediately. Nothing more. That's the Andrew Mellon plan, not the "Mankiw Moment" plan.

Now that's a political compromise.

What Jed has written is not a "fair compromise'. In fact, it is a landmine, because, as I've argued, it makes the Democrats complicit in the GOP's inanity.

The GOP are not offering a compromise. They are offering an old fashion hold-up. Why is Jed so ready to accept a compromise position, rather than demand that the GOP offer up a compromise position first? The Democrats must try to make their case. They cannot shy from this fight. It has to be done visibly, publicly, and with full force.