Let’s set the scene for all this. 2012’s Barack Obama is demanding that Congress raise taxes on “the rich.” That’s nothing new; it’s been his default position since…well, forever, really. But 2010’s Barack Obama agreed to delay his tax increase dreams for reasons he explained at the time:

“I am just listening to the consensus among people who know the economy best. And what they will say is that if you either increased taxes or significantly lowered spending when the economy remains somewhat fragile, that that would have a destimulative effect and potentially you’d see a lot of folks losing business, more folks potentially losing jobs. That would be a mistake when the economy has not fully taken off.”