President-elect Obama has rankled Democrats by proposing $300 billion in tax relief as part of his economic stimulus plan in an effort to win over Republicans so he can claim bipartisan support, but I question whether it makes much sense for Republicans to be bought off so easily. For one thing, as Peter Ferrara pointed out on our main site last week, the proposed "tax cuts" are really a mirage, because they don't reduce actual rates, which is something I also wrote about during the campaign. And in pure political terms, I'm not sure what Republicans gain by strengthening Obama. When the midterm elections roll around, if the Obama stimulus package is viewed as a failure, it will only benefit Republicans if they opposed it and reestablished themselves as the party that fights wasteful spending and massive government intervention in the economy. If the legislation is perceived a success, then it will benefit Democrats even if many Republicans also supported the bill. So it seems pretty clear to me that from an ideological, branding, and political perspective, Republicans would be best off united in opposition to Obama's plan.
Interloper| 1.12.09 @ 10:57AM
Opposing the economic plan would only make sense if the Republicans had something better to offer. They do not. So, if they oppose the plan they are just being obstructionists.
Roy| 1.12.09 @ 1:31PM
No, I wouldn't say that is the case. Democrats mostly howled and yibbered about Bush's plans without offering serious alternatives of their own. Eventually, when Bush stumbled, they were bound to benefit and best of all they had not made any positive arguments they could be held to! All they had done was rant about Bush!
Whether this would work for Republicans I don't know. Hard to pull this kind of thing off when the media is not in your pocket.
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