Yesterday these folks were running around saying that they wouldn't rule out a new middle-class tax increase. You gotta love the consistency. Who's running the asylum around there anyway?
The White House's explanation for the flip flop? They say Geithner and Summers were merely engaging in "a little hypothetical back-and-forth" yesterday. Yeah right. Looks to me like it was probably a trial balloon, which having sunk faster than a lead zeppelin the last 24 hours, was quickly disavowed. Majesty's White House seems to love trial balloons, except for the way that many of them tend to come back deflated (e.g., a second stimulus bill, which I'm still waiting on to rear its ugly head again sometime soon).
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