Let’s Make a Deal (or: The Price is High, but is it Right?)

December 8th, 2010

If it were just about the tax cuts, I would agree heartily with those on the left who say fight it out for the next month or two: risking letting the working and middle class tax cuts expire would have been unfortunate, but an acceptable risk. But there’s a big difference between cutting a deal now and cutting it on 12/31/10, or later. The Dems might have been able to get a better deal between now and the end of the month, but that’s highly speculative (not to mention that the chances of getting a better deal drop to nil in the new Republican+ Congress). Though it’s unsure (if not unlikely) that President Obama could have gotten a better deal by stretching out the negotiation, it is sure that doing so would have meant nothing else would have been accomplished this month before the new Congress takes over: no DADT, no DREAM Act, no New START, no unemployment compensation, no nothing. No, it’s not good policy, and it’s not fair, but it may well have been the best deal Dems could have gotten. And taking this deal now instead of on Dec. 31 at least gives Dems the chance to get something else accomplished before we lose the Congress.


“This is the 7th inning in a nine inning game, and you do not walk off the field this soon.” – Rep. Peter Welch


Richard Wolfe makes the excellent point

That liberals shouldn’t be too out of joint.


From a political perspective, Obama has conclusively disproved

The Republican mantra that he’s an unreasonable extremist who must be removed.


Taking this into the 9th inning, as Rep. Welch suggested,

Would mean no chance for the other causes in which Dems are invested.


That would give zero chance to enact

New START, unemployment compensation, and the DREAM Act.


Just like in the show, you never know what’s behind door number two,

So you don’t know for sure what you should do.


Yes, the price is high, but is it right,

Or should Dems not give in and continue the fight?


Personally, I think this is the best deal we can get,

But how it’ll work out in the long term is anybody’s bet.


If this helps resoundingly defeat the Repubs in the 2012 election,

I (and I think most other Dems) will have no objection.

***

Here’s The Last Word’s 12/07/10 panel discussion, interview with Rep. Peter Welch (D-VT), and Lawrence O’Donnell’s “Rewrite” taking Sen. Mary Landrieu to task for her criticism of the deal as “immoral,” even though she herself voted for the original Bush tax cuts.

 

Visit msnbc.com for breaking news, world news, and news about the economy

Visit msnbc.com for breaking news, world news, and news about the economy

Visit msnbc.com for breaking news, world news, and news about the economy

Here are some scenes from the two old daytime game shows from which our post takes its name (including an appearance by Santa, in honor of the Christmas season).

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