It is not often that I strongly disagree with Bruce. No, we should not give the Democrats what they want on the economy. It’s going to be bad enough that they pretty much got what they wanted during Obama’s first two years in office.
And we’re only beginning to see the consequences of that legislation, with Obamacare causing businesses to restructure their workforces and Dodd-Frank threatening the survival of community banks. And then there’s the additional burden of the numerous regulations the Obama administration has been pushing.
People will soon see the damage wrought by Democratic policies. We don’t want to make it even more difficult for our friends out of work and struggling to survive.
What House Speaker Boehner needs to do is not give Obama what he wants, but instead lay down a marker to show where Republicans stand. And not yield. And we know tax increases only give Washington politicians excuses not to cut spending.
The Ohio Republican said on Wednesday that “the GOP won’t accept tax increases, though it will accept changes that eventually would increase revenue through a more efficient tax code.” He must know that if he yields, some conservatives will clamor for new leadership.
When Boehner wins on this, he will give conservatives something to cheer about, to show that conservatives can stand up to the reelected president and remain a potent force even after the disappointing results of last week’s election. The Democrat will know that the Republican Speaker is no push-over, keeping him on his toes.
Right now, Republicans should not give Democrats what they want in order to weaken the economy. They should stand firm on principle in order to show their supporters than they mean to stand up to Obama’s job-killing policies.
Meanwhile it seems Democrats are prepared to let the Bush-era tax rates expire rather than take what Senator Patsy Murray calls an “unfair deal“. If they do as Miss Murray wants, taxes will go up on all families, including those in the “middle class.” And if the Republican House has passed a bill extending the tax rates on all levels, then it will be the Democrats who have done nothing to prevent such tax hikes.
All because Speaker Boehner stood firm. May he never waiver.