President Says He’s Ready to Compromise – But Are the American People Willing?
by Mac Slavo
After the much-anticipated defeat of the democrats in the House of Representatives, President Obama says that he wants to “figure out how we can move forward together.”
At a White House news conference, the president said that when Congress returns, “my goal is to make sure we don’t have a huge spike in taxes for middle class families.” He made no mention of his campaign-long insistence that tax cuts be permitted to expire on upper-income families, a position he said would avoid swelling the deficit but put him in conflict with Republicans.
He also virtually abandoned his legislation – hopelessly stalled in the Senate – featuring economic incentives to reduce carbon emissions from power plants, vehicles and other sources.
“I’m going to be looking for other means of addressing this problem,” he said. “Cap and trade was just one way of skinning the cat,” he said, strongly implying there will be others.
The president opened his post-election news conference by saying voters who felt frustrated by the sluggish pace of economic recovery had dictated the Republican takeover in the House.
The president said he was eager to sit down with the leaders of both political parties “and figure out how we can move forward together.”
“I think people started looking at all this, and it felt as if government was getting much more intrusive into people’s lives than they were accustomed to,” he conceded.