We should be cautious about critiquing President Obama's methods. After all, he had a historically successful first term. But one has to wonder why he caved on the $250,000 income threshold. Instead of 2% percent of Americans' taxes going up, it's going to be only 0.6%.
This is not a game where progressives make Republicans cry "uncle;" it's an effort to close the deficit to a sustainable level. Yes, the Republicans finally caved, though by default only, on their ideological position. But how much revenue was lost by unnecessarily raising the tax cut threshold to $450,000?
Fiscally responsible Americans can only hope that when spending starts to be cut, there's another trimming of tax goodies for the upper income.