Thread: Economics The Fiscal Cliff Approacheth
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Old 11-09-2012, 11:23 AM   #104
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Quote:
Originally Posted by patteeu View Post
I wonder if the President will have learned the lesson of his divisive first term or if he'll try to roll the Republicans with his "I won" bullshit yet again.
Obama was not shy about raising taxes, it was one of the centerpieces of his campaign. Thats what the people voted for, and he has the mandate. The Republicans would have lost the house too if they did not have the enormous advantage of redistricting following the 2010 wave.

If the GOP wont budge from letting the top bracket go to Clinton-era rates, then Obama will probably let the tax cuts expire, and THEN talk about tax cuts with the GOP.

The Republicans have no leverage. Zero, none whatsoever.
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