Skip to main content

Original Post Here.

Republicans are priming their base with the mathematical fact that taxes will have to be raised. Bill Kristol has implicitly blown a hole in the Republican fantasy that somehow simply closing loopholes can bring us fiscal responsibility. For Bill Kristol to come out with the statements in the video below means that he understands that the country has changed and that reality based dialog even on Fox News must begin.

This is no accident. We must remember that another ultra conservative, Ben Stein, went on Fox News before the election and said taxes would need to be raised. He seemed almost fearful and apologetic as he stated the fact.

Bill Kristol stated three specific points that need to be highlighted.

  • Increasing taxes on the wealthy will not hurt the economy. He finally told the truth that even under Reagan with a 50% marginal tax rate the economy was robust.
  • Republicans will have to cave to tax increases.
  • Four presidents in the last century have won more than 50% of the popular vote twice. They were Roosevelt, Eisenhower, Reagan, and Obama. As such the budget will look more to the liking of Obama than to Paul Ryan. Elections have consequences.
This election may just be what was needed to reinstitute reality based politics from Republicans. Democrats need take heed however and govern for the middle class as just as strong a win as they’ve had this time around is the same type of loss that will await them if middle class centric policies are not effected.

LIKE My Facebook Page


EMAIL TO A FRIEND X
Your Email has been sent.
You must add at least one tag to this diary before publishing it.

Add keywords that describe this diary. Separate multiple keywords with commas.
Tagging tips - Search For Tags - Browse For Tags

?

More Tagging tips:

A tag is a way to search for this diary. If someone is searching for "Barack Obama," is this a diary they'd be trying to find?

Use a person's full name, without any title. Senator Obama may become President Obama, and Michelle Obama might run for office.

If your diary covers an election or elected official, use election tags, which are generally the state abbreviation followed by the office. CA-01 is the first district House seat. CA-Sen covers both senate races. NY-GOV covers the New York governor's race.

Tags do not compound: that is, "education reform" is a completely different tag from "education". A tag like "reform" alone is probably not meaningful.

Consider if one or more of these tags fits your diary: Civil Rights, Community, Congress, Culture, Economy, Education, Elections, Energy, Environment, Health Care, International, Labor, Law, Media, Meta, National Security, Science, Transportation, or White House. If your diary is specific to a state, consider adding the state (California, Texas, etc). Keep in mind, though, that there are many wonderful and important diaries that don't fit in any of these tags. Don't worry if yours doesn't.

You can add a private note to this diary when hotlisting it:
Are you sure you want to remove this diary from your hotlist?
Are you sure you want to remove your recommendation? You can only recommend a diary once, so you will not be able to re-recommend it afterwards.
Rescue this diary, and add a note:
Are you sure you want to remove this diary from Rescue?
Choose where to republish this diary. The diary will be added to the queue for that group. Publish it from the queue to make it appear.

You must be a member of a group to use this feature.

Add a quick update to your diary without changing the diary itself:
Are you sure you want to remove this diary?
(The diary will be removed from the site and returned to your drafts for further editing.)
(The diary will be removed.)
Are you sure you want to save these changes to the published diary?

Comment Preferences

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site