Bill Clinton, having been beat upside the head in the 1994 mid-terms, recognized he’d been beat and made a hasty retreat towards the center. Partially as a result of this, and partially because we nominated a weak candidate (Bob Dole) in 1996, Clinton was re-elected. Handily. Ross Perot also ran, and (most certainly) siphoned off 8 percent of the vote from Dole.

There is no Ross Perot on the right in 2012; if anything, we may see a wingnut lefty run against Obama in the primaries, and, possibly, a “centrist” like Michael Bloomberg, who will likely siphon votes away from Obama, not the Republican.

Now back to the here and now, where Obama, perhaps the most ungracious man to ever be elected president, has caved on one of his signature class warfare issues: taxes on the so-called rich. Obama is a weak man, and so caving comes naturally. To him it appears an academic exercise, a philosophy course, where the results have no impact on the real world.

But surely Obama has some adult handlers, who know very well that his preferred leftist agenda of tax, spend, and tax some more, simply has not worked as the Obamatons had claimed. Hence they likely convinced Obama to cave, to agree to an extension of the so-called Bush-era tax rates for two years. His base is angry, but most people are simply relieved that, assuming some leftist idiot in Congress doesn’t derail the agreement, come January there won’t be huge additional bites taken out of their paychecks.

The Wall Street Journal notes that Obama may be agreeing to the deal with an eye to 2012. That’s obvious; everything this creature of the left does is to promote himself. What is striking is that a committed lefty such as Obama is, as the WSJ writes,

acknowledging that tax rates matter to growth, that treating business like robber barons has hurt investment and hiring, and that tax cuts are superior to spending as stimulus. It took 9.8% unemployment and a loss of 63 House seats for this education to sink in, but the country will benefit.

Welcome to hardball, Barry. Sorry we couldn’t be France or Sweden. Nice try, and think of all the time you’d have to write your third autobiography if you did not run again.


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