It is hard to believe that just a month ago, Barack Obama had suffered a major “shellacking” as he termed it, with the loss of 63 seats in the House of Representatives and 6 in the Senate.
But by the success of his “compromise” deal with the Republicans, Obama is a “comeback” kid, much like Bill Clinton was in 1995, but ahead of schedule as compared to Clinton.
Obama was able to get unemployment compensation extension, a tax cut by lowering the Social Security tax temporarily, various business tax cuts as well, and a continuation of the tax cuts to 98 percent of the population, all guaranteed to please the average American.
Of course, Obama had to swallow the tax cut continuation for the wealthy, and puts the Social Security system theoretically in some danger by cutting the contributions temporarily to that program.
But he still has the veto power and a Democratic Senate, and is seen by many as having “won” over his GOP opponents overall.
And he has likely improved his chances to win re-election in 2012, as even Charles Krauthammer of the Weekly Standard and Fox New Channel asserts.
In comparisons to every possible GOP opponent, Obama wins, and leads Sarah Palin in a theoretical matchup by 22 points!
Obama has placed himself squarely in the center, and that is the way to win Presidential elections in America.
So Obama has truly, and very quickly, become the “Comeback” Kid!