Randy McDonald (rfmcdpei) wrote,
Randy McDonald
rfmcdpei

[LINK] "Republican victory a prelude to failure"

It must saying any number of things that I'm now hoping that David Frum--here, in the National Post--is right. About a lot of things, including the consequences of a Republican victory in the House of Representatives.

Horribly ironically, the vote will likely lead instead to higher taxes and more spending. That’s not what Republican voters want. But based on Republican House Minority Leader John Boehner’s pre-election interviews, it’s what they are likely to get.

Taxes first.

The Bush tax cuts expire at the end of December. When they do, income tax rates jump for virtually everybody who pays income taxes. Capital gains taxes will rise, ditto taxes on estates and corporate dividends.

To renew the tax cuts will require a vote in the House, a vote in the Senate and a signature by the president — in other words, a deal between Democrats and Republicans.

You’d think such a deal would be reachable. But when Boehner has spoken in the past about compromise, he was slapped down by his own followers in Congress. Now Boehner has changed his message. On the Sean Hannity radio show Wednesday, Boehner declared: “This is not a time for compromise.”

[. . .]

The dirty secret of the tax-cut battle is this: President Obama is actually very happy to see the tax cuts expire forever, so long as he does not get the blame. If the Republicans volunteer to look unreasonable, Obama gets the (for him) best of all possible worlds.


Republican disinterest in controlling medicare spending, which is the largest and most quickly-growing government program in America, isn't going to help the party achieve its goals, either.
Tags: democracy, links, politics, united states
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