Blog on the Run: Reloaded

Friday, August 27, 2010 8:56 pm

Politics 101 …

Filed under: I want my money back. — Lex @ 8:56 pm
Tags:

… offered free of charge to the many Democrats who apparently skipped the course:

With the economy rapidly weakening, some senior Democrats are having second thoughts about raising taxes on the nation’s wealthiest families and are pressing party leaders to consider extending the full array of Bush administration tax cuts, at least through next year.

This rethinking comes barely a month after Democrats trumpeted plans to stage a high-stakes battle over taxes in the final weeks before the November congressional elections.

The Bush tax cuts are set to expire in December. Republicans are pushing to extend them all, while President Obama has forcefully argued that the country cannot afford to keep tax breaks on income over $250,000 a year for families and $200,000 a year for individuals.

But a growing cadre of Democrats – alarmed by evidence that the recovery is losing steam and fearful of wounding conservative Democrats in a tough election year – are advocating a plan that would permanently extend tax cuts benefiting the middle class while renewing breaks for the wealthy through 2011, senior Democratic aides said.

That idea has long appealed to some conservative Democrats in both chambers, who argue that Congress should not raise anyone’s taxes until the economy is more stable. But Democrats said it has gained momentum since economist Mark Zandi, a key adviser to House Speaker Nancy Pelosi (D-Calif.), adopted that view during a presentation at a Democratic issues conference in California in mid-August.

Zandi, an adviser to the presidential campaign of Sen. John McCain (R-Ariz.), later played an important role in designing Obama’s economic stimulus package, enacted by Congress last year.

These tax cuts never should have been enacted in the first place. The president has the right idea here. So if you’re a Democrat running this year, here’s what you do:

  1. call the GOP plan “a bailout for the same people who benefited from the bank bailouts.” This description, by the way, is basically true.
  2. hang it around your opponent’s neck like a dead, stinking sea bird.
  3. run against it.

In addition to being winning politics in all but a few of the nation’s 435 House districts, this approach has the added benefit of being the right thing to do from a policy standpoint.

If you’re a Democratic congresscritter and you’re paying any money at all to a political consultant whose advice to you on this issue differs in any significant way from my advice to you on this issue, fire him/her and hire me. You won’t regret it.

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