Look around the right side blogosphere and the news and the Twitters and everywhere, and the consensus is clear: Obama was an idiot to agree to let the tax cuts expire in an election year. “It’s a trap,” they exclaim. “Obama gave us this issue to beat him about the head and shoulders again in 2012!”
Ah, but before you ascribe stupidity to your opponent, look at it from his side. Put yourself in Obama’s nicely-creased trousers and ask, “What’s in it for me?”
And you’ll see that in an election year when employment still won’t have recovered, they can promise to soak the rich some more. You know, just like they did all through 2010.
Oh, wait — that is stupid.