Second, when you look more closely at the policy involved and how it plays politically, the Democrats in general and Obama in particular are doing two unwise things at once: they are ceding critical high ground to Republicans while concentrating their own forces on the site of their own worst prior defeats. Let’s consider what the Democrats are giving up:
(1) The Deficit
Democrats have made a lot of hay the last 8 years complaining about budget deficits, an argument they generally use as cover for tax hikes. Now, they are proposing to spend three quarters of a trillion dollars in pure deficit spending. Not a month into Obama’s term, Democrats are forfeiting that issue entirely. Sure, a year from now they will use the deficits they doubled as an argument for tax hikes, but who will listen?