It’s never a good idea to display weakness during negotiations. Your opponent will sense your fear and up his demands.
That’s certainly what we’re seeing in Washington. The cartoon at this link captures the GOP’s wobbly attitude on taxes, and this interview is about the ever-increasing demands of the Obama Administration.
It’s rather galling, by the way, to be lectured on taxes by a tax cheat like Tim Geithner.
But my key point is that the GOP’s preemptive surrender emboldened the White House, and helped move the debate even further to the left.
Let me elaborate on two points from the interview.
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