*“I just wanted to thank so many on the other side after all these years, for finally acknowledging publicly that ninety-eight percent of the Bush tax cuts helped the middle class.” *
**~Representative Louis Gohmert (R-Texas) **
Even in the wake of Barack Obama’s re-election, events vindicate the man whom he distastefully scapegoats: George W. Bush.
Consider first this week’s “fiscal cliff” stalemate.
Since November, liberals have claimed a sweeping ideological mandate, a validation of their political agenda, at least insofar as higher taxes were concerned. Obama himself wasted no opportunity to assert that voters were offered a choice of higher or lower taxes, and they opted for the former. A watershed shift, they seemed to think.
Viewed from a broader perspective, however, reality is very different.
Obama and his party just did something that Republicans couldn’t do even when they controlled both houses of Congress and the White House. Namely, make the Bush tax cuts permanent for approximately 99% of Americans.
To reinforce the point, note that higher tax rates were set to automatically take effect on January 1. Accordingly, if Obama and fellow Democrats had done nothing, the Bush tax cuts that they’ve spent the past decade demonizing would vanish at the stroke of midnight.