First tax compromise between Obama and the victorious Republicans is an unfortunate but clear reminder that the real price of bipartisanship is bad fiscal policy
The first tax compromise between Obama and the victorious Republicans is an unfortunate but clear reminder that the real price of bipartisanship is bad fiscal policy. The bipartisanship of Bush and the Pelosi congress amounted to both sides getting their spending priorities through, while the actual burden of debt mounted. Now we're on the verge of that same kind of bipartisanship, with all the tax cuts and spending both sides want, while the debt mounts.
