Huge "Thank You" to President Obama and Senator Reid

Thank you, thank you, thank you.

There is so much to write about every day; I just can't get around to everything.

I was going to note this some time ago, but I forgot all about it.

Lost in all the talk and hand-wringing about the "fiscal cliff" deal were two huge story lines:

• the deal was done with very little hysteria; it was done within hours of the deadline
• the Bush tax cuts were made permanent for 98% of all Americans

Permanent. As in "forever." 

Another look from the LA Times.

But, wow, think about that: President Obama and Senator Harry Reid agreed to make the Bush tax cuts permanent for 98% of Americans. I honestly don't think "we" could have gotten this done so quickly and so smoothly with Mr Romney. Counterintuitive. Very, very interesting. It is a given that had Mr Romney won, Congress would have waited to solve the "fiscal cliff" until after President Romney was sworn in. Can you imagine a month of CNBC "fiscal cliff" hysteria?

But the Bush tax cuts permanent; at best I had expected simply an extension. Even the wind energy tax credit was given just a one-year extension.