Boehner Caves with Plan B and Obama Gloats

Speaker John Boehner offered a "Plan B" to avert the so-called Fiscal Cliff that would raise rates on those making $1 million or more and President Obama had a very predictable response.  Obama welcomed the capitulation from the principle that no one's tax rates should be raised and he scolded and belittled Boehner for holding up an agreement due to his unwillingness to raise tax rates on those making $900,000.

Nancy Pelosi piled on and said her suggestion earlier in the year that we could raise rates on those making $1 million or more (instead of the President's proposed $250,000) was bait.  It was just an exercise to see if the Republicans would accept raising rates at some level.  Now that the Republicans have given up the stand that no rates should go up we can really get down to some negotiations according to Pelosi.

When will the Republicans learn.  There is no level of compromise or capitulation to the President and his Congressional allies that will appease them.  Obama wishes to rub Republicans' noses in this tax hike - either by total surrender or by allowing us go over the Fiscal Cliff.  I believe either is acceptable to Obama.  And in either case he will scold the Republicans for raising taxes and for not caring for the middle class.

If hearing Obama gloat and then scold him is not enough for Speaker Boehner's blood to boil then he is too far gone in DC's political morass.  He should immediately pull back his Plan B and fight for principle.  He should boldly declare that the federal budget is out of balance because they have been spending too much, not taxing too little. 

Everyone, including Obama, knows that raising tax rates on the top 2% or Plan B's Top 1% is not going to solve anything.  It is merely another attack on the so-called rich by Commander-in-Chief of Class Warfare Obama.  Some say that the revenue raised is enough for 8 days of Washington spending.  Obama is not serious about solving anything. He is acting 50% vindictive politician and 50% re-distributor.

Boehner's Plan B is a bad plan economically and will do nothing to cut the deficit.  Obama has rejected it and insulted and bullied the Speaker.  Now Mr. Speaker, show some spine and call Obama out as the one wanting to raise taxes on all Americans.  Pull back to principle.