Idea for a tax extension compromise

[Torie]

The Bush cuts will be extended for everyone after the election, except that for the "rich" it will just be for two years. Obama will accept the Boehner deal - after the election. You can write that down.

It also appears the Dems will forego a vote getting folks on record about whether to extend the tax cuts for the "rich." That pawn move by the Dems is now inoperative. They decided it was too risky, particularly with one segment of their party off the reservation, and some fear the the Pubbies will just run clips of Dems bashing the Obama plan which the GOP can run elsewhere.

So what is next pawn the Dems will move on the chess board I wonder?  Of is it now just a money game, with the Dems in marginal seats pretending they are off the reservation? 

[Torie]

The Bush cuts will be extended for everyone after the election, except that for the "rich" it will just be for two years. Obama will accept the Boehner deal - after the election. You can write that down.

Why would Obama accept an extension for two years? Wouldn't that mean having the same exact fight right before the presidential election?

Right. He will do it, because given the election result, and all, and because the GOP is holding everyone else hostage, it is a reasonable Faustian bargain, and the voters have made clear that they expect compromises. If he does not do it, and the economy continues to disappoint, then he will be blamed. On this one, I am pretty confident.

[Torie]

Sure it might have to wait until January.

[Torie]

We shall see. Someone should make a list of all my wild predictions. It might turn out to be a very fun roast - at my expense.