Sunday, November 23, 2008

Changing Washington

In the New York Times today --
In light of the downturn, Mr. Obama is also said to be reconsidering a key campaign pledge: his proposal to repeal the Bush tax cuts for the wealthiest Americans. According to several people familiar with the discussions, he might instead let those tax cuts expire as scheduled in 2011, effectively delaying any tax increase while he gives his stimulus plan a chance to work.

That approach, Mr. Daley said on NBC’s “Meet the Press,” “looks more likely than not.”
Mr. Obama was elected 19 days ago, and will not even begin his term for another 61 days. I am not sure if this is a record for earliest broken campaign promise, but it has to be a contender.

The advantage of cynicism is that one is never disappointed.

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