Posted: 05 Jan 2009 06:24 AM PST
This was a surprise to wake up to this morning.
Might not be change the people who voted for Barack Obama were expecting, but it is a pleasant surprise to me and I am betting to many others.
President-elect Barack Obama and congressional Democrats are crafting a plan to offer about $300 billion of tax cuts to individuals and businesses, a move aimed at attracting Republican support for an economic-stimulus package and prodding companies to create jobs.
Read the whole Wall Street Journal piece, but the premise Obama is going with will garner Republican support should the proposal keep these tax cuts in.
It looks like Obama doesn't just want a few Republican votes but is going for a legitimate bi-partisan passing of the bill and looking to get lawmaker from both sides of the aisle behind it.
I have seen a few critical of this, mostly from the left, but overall, many bloggers and pundits are just surprised at this initiative.
Jules Crittenden (right):
Dawn over Obamalot. OK, he's surrendering on foreign policy and economic policy. Health care is under advisement. It's the kind of change you can hope for, but when he hasn't even taken office yet and everything he believes in is just the latest thing to get thrown under the bus, it's not exactly change you can hang your hat on.
Corrente (left) states "Obama's package is sucking up to insane people, since it's going to be 40% tax cuts, which provide less stimulus than spending."
I said the other day that predicting what would happen economically this year would be harder than predicting economic matters in the Bush era, because presumably the Obama administration wouldn't be so ideologically blind and stupid as the Bush administration.
Tennessee Guerilla Women points out some more "change" not making the left very happy at the moment:
President-elect Obama has chosen anti choice, pro abstinence education, anti embryonic stem cell research, anti labor, anti union, anti same-sex marriage and anti civil union Tim Kaine to chair the DNC.
Bottom line here is that despite rhetoric on the campaign trail, it seems Barack Obama is starting to see and deal with the realities of the situation that faces him over the next four years and is not willing to let the far left dictate his actions and take him over the edge of the cliff.
Like I said at the beginning, a pleasant surprise to wake up to even though the plan isn't without pitfalls, it shows a level of bi-partisanship offers from Obama to try to get as many behind his decisions as he can.
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