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Pat Buchanan: It’s ‘Suicidal’ For Republicans To Raise Taxes, ‘Obama Will Fold’

MSNBC’s conservative commentator Pat Buchanan took on the entire Morning Joe panel as he explained that President Obama is ignoring political reality if he thinks tax increases of any kind could pass the Republican-controlled House of Representatives. Buchanan states that any Republican who signs such a deal would face angry and unforgiving constituents back home, therefore he predicts “Obama will fold.”

Despite pleas from Mika Brzezinski for Republicans to put something on the table and economic arguments from Steven Rattner regarding why revenue increases are necessary, Buchanan maintained the Republican ground:

“Philosophically, they don’t believe you raise taxes when you got 9% unemployment. It’s not only politics, it is principle and philosophy. They think it’s the wrong way to go. I think it’s the wrong way to go. You don’t do it simply because somebody says ‘wouldn’t it be nice if we both gave something?”

Rattner was optimistic that Obama will stare down Republicans and get a big compromise, yet Buchanan remained doubtful, since any tax increase “would be suicidal” for Republicans who would essentially be going back on their pledge. Furthermore, “why do it for a President of the United States who has just accused them of being worse than Sasha and Malia,” Buchanan wondered. In the end, the only thing everyone seemed to agree on is that America is “strategically overextended,” and Buchanan depressingly concluded “the empire is coming down.”

Watch the clip from MSNBC below:

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