I think to raise taxes now, first of all, would be bad economics, with a recession still under way and high unemployment. But, secondly, I think the political price of doing that now would be just horrendous, and Democrats would lose badly in the 2010 elections.
Gergen discusses the potential negative consequences of raising taxes during a recession, particularly for the Democratic Party in upcoming elections.
Share
More from David Gergen
Maintaining the status quo with regard to the filibuster is unacceptable for him.
I think a lot of Americans do see it as disqualifying. And they're worried about it.
You can stand up and say we shouldn't be doing this because it's unconstitutional. Therefore, I never have to come to say whether I agree or disagree whether he incited the riot.
Other voices in this conversation
