And listening to POTUS, it's almost like he's had a religious conversion to supply-side economics. Except, well, not. For Obama, as everyone knows, the bipartisan tax deal was 100 times worse than pulling teeth. And of course at 3:30 minutes he confesses his solidarity with the soak the rich crowd, saying "I share their concerns ... I don't like those tax cuts either" ... those tax cuts on incomes over $250,000 annually. Kim Strassel nailed it at WSJ yesterday:
President Barack Obama wants the nation to know that he is on the verge of an important, bipartisan economic achievement. He'd also like the nation to know that he'd rather carve his own eye out with a blunt spoon.And see Peggy Noonan also at WSJ, "From Audacity to Animosity" (via Memeorandum).
Barring an outright revolt among House Democrats, Mr. Obama may well in the next week sign a tax package that demonstrates his ability to work with Republicans, that he notes will "speed up the recovery," and that two-thirds of Americans fully support, says Gallup. Compared to ObamaCare, this is political jet fuel.
Yet far from projecting bold and triumphant leadership, President Obama looks like a bitter, liberal Grinch. Call this the week of missed presidential opportunities, one that bodes ominously for whatever strategy this White House has cobbled together in the wake of its midterm defeat.