Analysis is that the payroll tax compromise was a victory for the president and loss for Congressional Republicans. For once, President Obama didn’t give ground.
Is this a good thing? That the only measure of success with the electorate is whether one side steamrolled the other side or not? You’d have thought Obama’s willingness to compromise would have been a plus with swing voters. But in the binary, evangelical Tea Party era, apparently not. Everything is black/white (emphasis on black), win/lose. Today, he wins. I can’t shake the nervous feeling about the inevitable day, however, that the tax cut must be taken away. Think about those Bush tax cuts.
UPDATE: The House and Senate signed off on the compromise this morning. Talking Points Memo notes this just sets up a huge fight in two months to extend the payroll tax cut through 2012, along with battles on unemployment and more.