The sad reality is that we have one party that fights any tax "increase" no matter what it is and we have another party that sees them as "easy stimulus" to help keep them elected. (Sorry for the sweeping generalizations. When I say 'party', I am inferring about those with the power to make decisions and influence others)
This is probably pedantic (and arguably even wrong), but I think it's more fair to say that they're seen as a feasible resort in lieu of the challenges involved in passing anything more desirable, rather than "easy stimulus." At any rate, Obama's dream of only extending the lower-bracket rates is definitely not going to happen and dude needs to realize this and man up.
I'd be perfectly happy to see gridlock and intransigence force the hand on repealing the tax cuts and implementing the spending cut contingency as well, though I don't believe that will happen in any world other than the fantasy one where the economy starts running at a million miles an hour by the time everything is schedule to be enacted.
This is a fantastic story for so many reasons. It demonstrates how completely inept the Santorum campaign is, and this how amazing it is that it could even pose a challenge to Romney at all. It also demonstrates the extent to which Paul is really just dicking around to back Romney at this point, something I'm willing to bet most of his supporters didn't have in mind when they sent him money. I mean, I guess it was pretty smart of Romney to see Paul as a potential ally, but the whole thing just seems completely shameless on the part of Paul, to a point I never would have expected of him.Mike M said:
Unrelated - Obama needs to nominate a World Bank head soon. Kevin Drum suggested Tim Geithner, which is basically like the best idea ever, if only to get him the hell out of Treasury.