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View Diary: What the President is Doing. (99 comments)

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  •  Relax. We are way overreacting. We don't (7+ / 0-)

    know all the details and also know PBO has two choices:  make a very good deal with concessions that hurt, or go all in and probably lose.  Slow and steady wins the day.  But we tend to get way too excited about things without knowing things just aren't as bad as predicted.  The ACA is an example.

    •  I know some details. (9+ / 0-)

      Like the higher tax rate for income over $250k he promised, not the $400 he has caved on.

      Like not reducing any Social Security payments like he promised, instead of a chained CPI.

      Why do you think he loses if he goes all in?  I think the Repubs lose and would have to cave on much of what he wants.  He can get the $250k ceiling just by doing nothing.

      •  He never promised to hold the line at $250k (2+ / 0-)
        Recommended by:
        Justanothernyer, Chas 981

        He promised not to raise taxes for anyone making less than that. Arguably the chained CPI breaks that promise, but that's beside the point.

        Of all the concessions he could make on revenue, that is by far the most tolerable, IMO. Way better than caving on the top rate or capital gains or dividend taxes, which thus far there is no sign that he has done.

        Not every shift in position to accommodate the other side is a cave. By definition, negotiation means you don't get your opening proposal. At least he learned the lesson this time to make his opening proposal unrealistically high so that he had room to bargain down.

        •  Great (0+ / 0-)

          Tell Boehner not to get more concessions and you can have a party.

        •  Chained CPI will make the poor, poorer (2+ / 0-)
          Recommended by:
          RockyMtnLib, blueoasis

          year, after dismal year. It is unacceptable. I hope he can't get enough votes and we go over the cliff.

          •  I don't know that he wants the votes for it (0+ / 0-)

            I had a thought, and it might just be a fantasy/my tendency to put the president on a pedestal, but it occurred to me that if this were the deal the White House wanted or especially if they were really open to compromising more from this, why would they leak it?

            It would be one thing if the leak came from disgruntled Congressional Democrats or Republicans who wanted to show that he hadn't given enough, but it didn't. It came straight from the White House.

            The only reason I can see strategically for doing that is if he doesn't expect enough Republicans to vote for it but wants to make them look unreasonable.

            Probably wishful thinking...

            •  I'm nearly as crazy myself. (1+ / 0-)
              Recommended by:
              wewantthetruth

              In my opinion, anyone who does not understand the political power of this particular President is NOT this particular President.

              All I can see from the spin room is that the President has made a tentative offer to the Republicans including not only everything they have asked, but also several things they, and their "leadership" have secretly hoped for. They just said it wasn't enough.

              Point made. Watch it. As my sainted mother used to say:

              "Don't critique the cook before the meal has been served...and eaten. It's just rude, and tends to give you a sour stomach."

              Nurse Kelley says my writing is brilliant and my soul is shiny - who am I to argue?
              Economic
              Left/Right: -7.75
              Social Libertarian/Authoritarian: -4.51

              by Bud Fields on Wed Dec 19, 2012 at 12:45:44 AM PST

              [ Parent ]

              •  I see the same thing (0+ / 0-)

                people were up in arms over the previous "Grand Bargain" but I am of the opinion O offered it knowing that the House GOP would not accept it AND that they would take the political hit for it. Risky strategy? yes, but go big or go home as they say.

                O is always in it for the long haul. His hand remains strong. GOP will make the wrong decision again and in turn, the cuts required and increase in taxes are in place and the country AS A WHOLE better for it.

                Dems come back Jan 1st with a bill to lover taxes on 98%....who in theri right mind would say "no" to that?

                mittens=edsel. no matter how much money is spent to promote it, if the product sucks, no one will buy it.

                by wewantthetruth on Wed Dec 19, 2012 at 02:22:23 AM PST

                [ Parent ]

        •  Yes, he did promise to hold the line at $250k. (0+ / 0-)

          ABC News

          He said:

          "We're going to have to see the rates on the top 2 percent go up and we're not going to be able to get a deal without it," Obama told Bloomberg TV in his first televised interview since the Nov. 6 election.
          The 2 percent figure is calculated based on $250k of income.

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