In all seriousness, how many people who are worried about their
families’ finances right now are going to say, “I’ve been really
worried, but now that I know my tax rate will remain the same in 2011 as
it is 2010, I’m feeling better again”? That, in essence, is what the
president argued with a straight face this morning. The answer for
economic angst now is maintenance of existing tax cuts three years from now.