Oh HELL yes. It’s on now.
It is not clear that Mr. Obama can prevail given his own diminished popularity, the tepid economic recovery and the divisions within his party. But by proposing to extend the rates for the 98 percent of households with income below $250,000 for couples and $200,000 for individuals — and insisting that federal income tax rates in 2011 go back to their pre-2001 levels for income above those cutoffs — he intends to cast the issue as a choice between supporting the middle class or giving breaks to the wealthy.
I should note that “diminished popularity” means just a bit below 50%. Conversely, the Republican Party has an approval rating of around 30% (less than the Democrats). Yet, somehow, when the president and his party are both more popular than the opposition, this is grounds to say it’s chancy.
If Obama gets defeated on this, it really does scream one clear thing: the GOP is in no way the party of the people. At least not most people. More like 5% of people.