Obama may decide to go ahead at the last minute with lots of drama and extend the Bush Tax cuts if it would genuinely help his reelection prospects According to Steve Forbes. Push taxing the rich down the road a couple of years might work in his long range plans. It would make him look good and give the democrats a chance this November.
The president might feel confidant that a large part of his agenda, healthcare and the broad expansion of the federal government, is enough for the moment. He has opened the door for unions and has virtually taken over higher education via the student loan confiscation. Obama and the decisions made by the democrats over the past six years have brought business to a standstill.
Like Lenin, why not take a tactical pause and come back later and punish the “millionaires and billionaires”