This just in from David Axelrod, about the fact that the Obama administration will "have to" cave in to Republicans pushing for the Bush tax cuts to be extended for those making over $250,000.
"There are concerns," [Axelrod] added, that Congress will continue to kick the can down the road in the future by passing temporary extensions for the wealthy time and time again. "But I don't want to trade away security for the middle class in order to make that point." [via Huffington Post]
Axelrod's logic is appalling because it fails to recognize that the security of the middle-class which he and the President are so concerned about (in words) depends to a large degree on increasing revenues by repealing the Bush tax cuts on the wealthy 2%. Now I do understand that passing tax cuts for the middle-class will be harder if the administration chooses not to appease Republicans, but let Republicans show the nation whose interest they are truly working for. Eventually, if they don't want to be "repealed" themselves two years from now, they would have to cave in themselves.
The problem with Obama is not that he governs from the center or that he is a pragmatist. The problem is that he has no principles strong enough to endure assault, no balls, and no fire within.
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