It’s happening again. Barack Obama is punching the Republicans in the fist with his face. Almost in spite of themselves, Democrats won the public-opinion battle over extending the Bush tax cuts for Americans making a quarter of a million a year or more with strong majorities supporting their position. They did not have the nerve to hold this vote before the election, and now the nervous nellies appear to be getting ready to throw in the towel (or at least most of it). President Obama, on the other hand, ran for office on a pledge to extend the existing tax rates for families making less than $250,000 a year, while letting the tax cuts for those making over that number expire. The number of Americans lucky enough to earn this kind of money constitutes barely more than 2 percent of the population, though one can imagine they provide a much more impressive proportion of the funds that go into financing election campaigns, whether directly or by stealth.I'm not really following the above issue this week. It's been a rough week session wise and I've felt wiped out repeatedly. I catch NPR but haven't really had time for the paper other than a few international stories.
So I grabbed the Alterman article for that reason and also because he's arguing that Barack has wimped out and, when it comes to wimps, I'm sure Alterman knows of what he writes. It's the perfect synergy of columnist and theme.
This has been such a long week and it's left me wondering exactly how much I can follow?
Meaning, I'm following the Iraq War (thanks to C.I. and her snapshots) and I'm trying to follow the Cat Food Comission.
The tax cuts is one of those issues that I just had to take off my plate because limited time means limited abilities to follow a story.
While I think it is an important issue and while I do not favor making Bush tax cuts permanent, I just have limited time. I think a lot of us do and we have to prioritize the news and follow based on that.
"Iraq snapshot" (The Common Ills):