That if the Democrats had any real leadership (I'm looking at you, Nancy and Harry!), they could have gotten what they wanted in regards to the Bush Tax Cuts at any point up until November. They easily could have extended the cuts on those folks making under $200k, and left the people earning over $200k alone. We still would have come to this same point, except the Left would have the "glory" of helping the middle and lower class, while leaving the "rich" out of the equation. Then the Republicans would have had the challenging position to try and keep the cuts for the "rich" (a fight I don't think they would have pressed on).
Pelosi and Reid (and Obama) missed an opportunity to walk away from this situation winners, instead they look like the losers.
They kept kicking the issue down the road, got their asses handed to them in November, then scrambled to pick up the pieces. The writing was on the wall, they chose to ignore it, and hope for the best. Didn't quite work out that way, did it?
Looks like Grover Norquist agrees with me:
According to Norquist, this GOP victory is really a failure on the part of Democrats, who had every opportunity to extend most of the Bust tax rates (and to take the political credit). Their failure to do so not only exposes the party’s ideological commitment to higher taxes, but puts them on poor footing politically. “Look at the last four years,” he says. “They never intended to extend the rates for anyone, or they’d have done it by now.”
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