Thursday, December 22, 2011
Eric Cantor hands Barack Obama re-election on silver platter
After trying to block extension of the payroll tax cut that benefits 160 million ordinary Americans, Eric Cantor and his Tea Party cronies have caved in to the overwhelming pressure from his own party--but not before they handed Barack Obama re-election neatly wrapped with a Christmas bow.
With the clock running down, Republican Senate Minority Leader Mitch McConnell had worked out a face saving compromise that would have allowed extension of the payroll tax cut without much loss of face for the GOP. Then Eric Cantor obligingly stepped and blew up the deal, playing Mr. Potter to Barack Obama's George Bailey. Obama played his role with all the earnestness of James Stewart, for once sticking to his guns and refusing to back down. For two days the American people have been treated to a spectacle of Republican hypocrisy: the Republican Party made it clear that tax cuts are only for the very wealthy and the GOP was more than happy to raise taxes on the middle class.
The Republican Party held out just long enough for Barack Obama to make it crystal clear that it was Obama and the Democratic Party who were fighting for ordinary Americans.
So thanks for the early Christmas present Mr. Cantor--we're going to put Obama's second term to a very good use.