SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Nick who wrote (25949)12/19/2000 2:40:30 PM
From: Cactus Jack  Read Replies (1) of 65232
 
Nick,

W knows right now that he won't get a $1.3 trillion tax cut through Congress in the current political climate. Nevertheless, political negotiation requires that he not "back off" of such a high profile promise before even taking office. By remaining on message, he maintains the ability to negotiate a compromise. If he gave it up, he would be accused of breaking promises at the first opportunity.

Regardless of your view of the tax cut idea, which approach do you think would subject him to louder criticism: breaking such a high profile campaign promise immediately, or negotiating a more limited tax cut from whatever position of strength he now maintains? I say the latter.

jpgill
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext