Friday, December 10, 2010

Almost feeling Obama's pain

Here's David Corn on Obama's tax-cut deal:

It was tough times for progressives before President Obama announced his tax-cut "compromise" with the GOP this week. The Democrats were routed in the midterm elections, tea party zombies were in ascent, and the inspiring change-candidate of 2008 wasn't looking too triumphant. Then came the deal, and many on the left became apoplectic, accusing Obama of caving to the obstructionist Republicans. After all, he had indeed yielded on an article of faith for the left: George W. Bush's tax cut bonuses for the well-to-do had to go. Perhaps even worse, Obama had reached this hard-to-swallow accommodation without forcing the just-say-no GOPers into a showdown. (Former Labor Secretary Robert Reich denounced the deal as an "abomination.") But after talking to several top administration officials, I've become a tad more sympathetic regarding Obama's decision to negotiate this pact.
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