Double Down on Obama?

I've been critical of people that have wanted the country to fail so that their predictions of 2008 could come true. However, once the election drew near, I admittedly understood a part of this thinking. I have no doubt that the economy will continue to improve over the next 4 years (as it has been for the last 3), regardless of who is president, but I realized that in order for people to start looking at things outside of a 4 year political cycle something else might need to happen. For example if Romney one we'd reset the old trickle down argument once again, giving new ammo to tax cuts for job creators. With Obama winning perhaps people will begin to understand that there no negative economic effect of our system that existed prior to 1980 - taxing those with the lowest marginal effort to make a dollar and the lowest marginal propensity to consume.

With my new found sympathy for those that believe short term failure might be better for long term success, I wonder if republican's will double down on their beliefs. Encourage your congressional leaders to let the upper marginal rates be restored under the Obama plans. If republican's are right, this should hurt growth and make a 2016 win for republicans a lock. Thoughts?

That would essentially be ineffective, because many of the electorate can't think long-term, and vote solely for their own pocketbooks. 30 years ago, it worked, but the demographics and values have changed.

Talked to two different business owners this morning who each have over 50 employees who are looking at who they will fire to stay under the Obamacare numbers. They are shifting to part time employees who will each get 25 hours a week. Welcome to the new paradigm. Good luck with that. Going to be a rough winter for a lot of people.