Monday, November 21, 2011

Crazy Like a Fox

The Joint Select “Super Committee” is expected to announce today that they couldn’t do what Congress was unable to do last March. Should ANYBODY be surprised? The major surprise would have been to learn that compromise had been reached, more specifically that the Republicans had allowed it to happen. The outcome was pre-ordained when, in concocting the plan, each party caucus was allowed to pick their representatives for the Committee. You might as well have asked two packs of wolves to equitably split a dead moose. If they had wanted half a chance of succeeding the Republicans should have picked the 6 Democrats for the panel and vice versa.

I absolutely believe, and the anecdotal evidence supports, that the problem is with the Republicans, who determined that they could use this committee, moreover the potential failure of the Committee, as leverage to make the 2001 and 2003 Bush tax cuts permanent. John Kerry in his Meet the Press interview yesterday whined about that fact like a schoolboy complaining that the other kids won’t share the football unless he gives up the key to the candy cupboard - whining has become a forte’ for the Democrats.

The fact of the matter is that for Congressional Republicans, who enjoy the macho, red meat eating, flag saluting, white gridiron image they’ve cultivated, this has become a game. The objective is to lower taxes a la Grover Norquist. All the rest, including discretionary spending, defense, entitlements, regulations, and the size and roll of government is just detail. It could be something played on an Xbox. Instead of Call of Duty, perhaps it might be called Hall of Doodie.

The Republicans want those Bush Tax Cuts made permanent in the worst way, second only to removing Obama as President. They know that once they expire at the end of 2012 they won’t be able to do anything to restore them if Obama is re-elected, even if the Republicans hold both houses of Congress. But I can’t help but ask myself why it was allowed to become an issue in the first place.

I was one of many, perhaps a majority of Americans, who was incensed that Obama allowed the extension of the cuts in November 2010. The Republicans had vowed to block all legislation during the lame duck Congress (the last gasp for the Democrat House majority) if the cuts weren’t extended. Obama caved, using the growth/jobs argument as justification. How did that work out? Further, he agreed to extend the cuts till the end of 2012 placing them at ground zero for the 2012 Presidential election. I thought he must be getting ready to drink the Kool-Aid. Just crazy…or so I thought.

But now look what’s happened. Unless the US economy completely tanks during the summer and fall of 2012, even the status quo gives Obama a good shot at winning - depending on who his opponent is. The election itself will become a National referendum on whole issue of revenue, and the Bush Tax Cuts will be the tangible icon for whichever side you’re on. It will be a crystal clear difference between the two candidates. Obama will absolutely say he will veto any extension and the Republican candidate will be forced to support it. Further, the same will be true for most Senate and House seats. The direction of the economy may be the underlying issue, but the yea or nay on the Bush Tax Cuts will be something that the electorate will actually understand.

Republicans may have felt that being on the side of fewer taxes was a fail-safe position. However, perhaps Obama and his handlers had more insight for what was coming down the road. It seems downright foxy with hindsight. The spotlight on the immense increase in economic inequality, a spotlight that Republicans fondly call Class Warfare, works to the Democrats advantage. If that issue has 10 months of life to it, and it should, the idea of increased taxes for the wealthy will not be hard for the general populous to support. If there is to be a solution to the gridlock in Washington, which the American people can no long stomach, the easiest way for the 99% to deal with it will be to vote the 1% to pony up a few more bucks.

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