PERSPECTIVES ON THE FEDERAL BUDGET : Guts, Injustice and a Blow to Bubba : A Congress prepares to vote on the federal deficit-reduction and taxation package, some excerpts from commentary, pro and con: : Goodby Liberalism
- Share via
Conservatives are cast down and rising in revolt because the capital-gains rate will not be cut. (That cut is the only grand passion of a President enjoying stratospheric approval ratings. So much for the imperial Presidency.)
But conservatives have this consolation: The conservative aim has been to scrub America clean of the last trace of liberalism, and this deficit-reduction deal does it.
This package and its implications should immunize Democrats against the dread charge that they even remember anything about liberalism. But, then, perhaps Republicans have--not difficult, this--outsmarted themselves. The Republican idea is to call opponents liberals. Republicans no longer can do that.
Get the L.A. Times Politics newsletter
Deeply reported insights into legislation, politics and policy from Sacramento, Washington and beyond. In your inbox twice per week.
You may occasionally receive promotional content from the Los Angeles Times.
