Hmmmm...democrats (not) standing up on principle?
My, my, this is getting interesting.
Well, I don't think this was a good compromise, and apparently some Dems (and apparenhtly about the same number of Republicans) in the House agree.
I understand (I guess) what motivated Obama to buy into it, I just happen to think he gave away too much to the supply side in the process.
This so called compromise does put the lie to the GOP's continuing lie that they are fiscal conservatives, though, doesn't it?
They just added $720 billion to the national debt so their pals the billionaires would continue to get that tax break.
And the Dems gave that away so that they could save 6 million American families from losing their unemployment insurance for 26 more weeks.
And that we're informed will add still another $80 billion to the national debt.
But that's hardly a fair compromise, now is it?
The working class *demand side) gets 1 part of the pie and the billionaire class (supply side) gets 9 slices?
That means that Obama is not my choice to lead this ongoing class war OR to lead us out of this depression, either.
And I guess, he's not exactly popular with the Dems, either.
We're informed that the total cost for this "compromise" means another $858 billion to the national debt.
I seriously doubt that there's enough demand side incentives to much help get the American middle class out of the depression that THEY and ONLY they are in.
But I note that there's plenty of benfits to the truly wealthy who are not remotely suffering (in fact they're thriving) in this economy.