In response to:
1. Raising taxes on anyone in a weak economy is counterproductive.
2. With no action by the Congress taxes will go up in January for all taxpayers.
3. Obama and the Democrats are praying that the Republicans will not compromise so that #2 happens, and then they will claim that it was all the Republicans fault'
4. If the Democrats prayers are answered, then in 2014 the Republicans likely lose control of the House.
Being right on an issue doesn't always make a difference in politics. #1 is the Democrats trump card. They will get their tax on the rich. Do the Republicans want to answer the Democrats prayers, and risk the future of their party?
The conventional wisdom has emerged that in order to avoid the so-called "fiscal cliff," politicians in Washington must agree to some method of tax increases ("revenue") -- which will be real, even if low taxes are not the cause of our ills -- alongside some kind of promise of spending restraint on entitlement programs, which is our problem, and which no one believes Washington will restrain.
The American left and our "objective" journalists -- same thing, I know -- are not helping the nation balance its budget. As usual, these partisan hacks are obsessed with tearing the Republican coalition apart,...
And when it blows up, our hands are clean, and we can offer a better way.