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
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