Report: White House collapses on tax cuts, will go along with GOP

Good grief, not again. During my recent visit to the US, everyone that I spoke with complained about Obama being weak and not having the stomach for a fight. If this report is true, it looks like there’s no end to the ongoing problem. As a liberal, I’m really bracing myself for a painful two years with plenty more moments like this.

President Barack Obama’s top adviser suggested to The Huffington Post late Wednesday that the administration is ready to accept an across-the-board continuation of steep Bush-era tax cuts, including those for the wealthiest taxpayers.

That appears to be the only way, said David Axelrod, that middle-class taxpayers can keep their tax cuts, given the legislative and political realities facing Obama in the aftermath of last week’s electoral defeat.

“We have to deal with the world as we find it,” Axelrod said during an unusually candid and reflective 90-minute interview in his office, steps away from the Oval Office. “The world of what it takes to get this done.”

NOTE FROM JOHN: If this is true, then what was the point of the President saying all along that he wouldn’t accept extending the tax cuts for the rich?  Why make a threat  – well, there was no threat, just a demand – that you don’t intend to follow through on?  We’ll need to hear more about this story today, and let’s hope the White House got something hugely important in exchange for caving on the tax cuts.  And finally, what kind of bs is this?

“We have to deal with the world as we find it,” Axelrod said…

That’s the line the White House gave us when we had only 59 votes in the Senate, then when we had 60 they said the same thing, then again when we had 59, and now it’s their argument when we “only” control the Presidency and the Senate, while the Republicans control the House.  When won’t President Obama feel that all the cards are stacked against him?

The GOP claimed their number one issue as the deficit, and then wanted to extend tax cuts to the right that would cost a trillion dollars.  They pretty much handed the President an early Christmas gift.  And rather than fight, when the had the messaging and the American people on his side, according to this report, Barack Obama caved – again.

Why not force the GOP to filibuster an extension of the middle class tax cuts?  Can you imagine the television that would make?  When will this White House and this Senate ever – ever – force the GOP to have a real filibuster?

If the President didn’t get some huge concession in return, then this does not bode well at all for the next two years.  Obama already caved far too easily on pretty much every issue.  Now that he thinks he’s neutered by the loss of the House, it’s almost unimaginable to think how he could cave even further – but that seems to be the plan.

An American in Paris, France. BA in History & Political Science from Ohio State. Provided consulting services to US software startups, launching new business overseas that have both IPO’d and sold to well-known global software companies. Currently launching a new cloud-based startup. Full bio here.

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