Great Post on Obama Mis-Handling Congressional Politics

Check it out.


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?


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Filed under economics, Link of Admiration, Politics

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