WASHINGTON ( TheStreet) -- Keeping the Bush tax cuts from expiring at the end of the year would be both good policy and good politics for President Barack Obama.If he wants to avoid a double-dip recession, fend off double-digit unemployment and retain a Democratic majority in at least one house of Congress, the president needs to embrace tax policy focused on the political center. He can throw out a little populist red meat to his demoralized base, but he'd better not taunt the middle-class Tea Party monster ready to devour left-liberal congressmen. The president can skewer Wall Street, but not eat the rich.
Don't Eat the Rich, President Obama
Check Out Our Best Services for Investors
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.