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If President Obama and the Democrats surrender to the forces of the Mega-Rich on the tax cut for the top two percent, they will demonstrate that they have no sense of purpose whatsoever.
The reason given for moving towards a “compromise” is that there aren’t enough Democrats in the Senate who oppose the giveaway to the rich.
The solution is clear: Separate and pass the middle-class extension in the House and send it to the Senate. How can any Democrat oppose an extension of tax cuts for 98 percent of Americans?
Then there can be a separate vote on the extension of the Bush cuts for the rich, which even a minority of Democrats in the Senate could block.
If Democrats do not have enough backbone to stop an utterly foolish policy that is opposed by about 70 percent of the American public, what is the party’s reason for existence?
No retreat! No Surrender! De-couple the tax cut extensions and do what’s right for the people and the economy.