On the straight economics, the tax deal is worth doing.
He's not worried about the economics, no, not at all. He is worried about the politics. In particular, he is worried about the political timing.
...presidential elections depend, not on the state of the economy, but on whether things are getting better or worse in the year or so before the election.So, the tax cuts are to be opposed because they won't help Obama win the 2012 election. The timing isn't right.
But here's the real mind blower:
So there are real reasons to worry here. Obama may be buying off the hostage-takers by … giving them more hostages.
Unbelievable. Here's this guy wanting to blow up a tax cut that he says is good for the economy because it isn't good for Obama, and he's the one calling someone else a hostage taker.
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