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Sunday, December 12, 2010

Bloomberg Says Obama's Democratic Base Should `Suck It Up' on Tax-Cut Deal - Bloomberg

Bloomberg Says Obama's Democratic Base Should `Suck It Up' on Tax-Cut Deal - Bloomberg

Bloomberg Says Obama's Democratic Base Should `Suck It Up' on Tax-Cut Deal

President Barack Obama should tell Democrats angered by his compromises with Republicans on extending tax cuts to “suck it up,” New York City Mayor Michael Bloomberg said.

Obama “can’t just sit there and depend on ideology” because “leadership is about doing the possible, not sitting around and waiting for the perfect,” Bloomberg said in an interview on NBC’s “Meet the Press.”

Bloomberg told business executives in Brooklyn last week that the U.S. economy will stagnate if Congress remains mired in partisan gridlock. Obama should tell Democratic critics his bipartisan tax-cut deal won’t be the only tough vote of his presidency, Bloomberg said on NBC.

“He says, ‘Look, this is what I did, this is the best I can do. Suck it up,’” Bloomberg said, when