Wednesday, December 29, 2010

Tony Blankley has a good review of the lame-duck session and questions the popular view that it was an Obama win.

1. Obama capitulated to the Reagan view that tax cuts will stimulate the economy. That is supply-side economics.

2. The trillion-dollar spending bill with 6,000 earmarks was defeated.

3. The DREAM Act was defeated.

4. DADT repeal passed, but it is not an unqualified win for the President.

5. The Start Treaty passed but the major nuclear threats today are not Russia but Iran and North Korea.

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