I am beginning to wonder if this last election is going to make any difference after all. If Dems can't make the case to the American people that ending enormous tax cuts that benefit the top 3% of the population allows us to pay for more healthcare and education for the rest of us, then we might as well have a Republican controlled Congress.
But few Democrats are expected to look for new revenues by calling for an end to Mr. Bush’s tax cuts, instead of extending them as the president proposed Monday, or to deal with the looming costs of Social Security and Medicare as the postwar generation retires, all of which pose huge budget problems in future years.
“The long-term budget crisis appears so distant that it’s going to be very hard to get politicians excited about it this year,” said Robert D. Reischauer, president of the Urban Institute. “The economy is strong, and the deficit seems to be at manageable levels right now. No one wants to risk popular support by doing something courageous.”
Since 2001, Democratic leaders have made a point of saying that the Bush tax cuts are unfairly weighted toward the wealthy and dangerous to American solvency. But the tax cuts expire in 2010, and Democrats acknowledge that they are not ready to move on them now.
After watching the unfolding of the Senate debate on the war resolutions I am not feeling too hopeful that we are going to see any meaningful change. It's early, I know, but sheez. Is this the best we can do?