Share on Google Plus Share on Twitter Share on Facebook Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend

Printer Friendly Page Save As Favorite View Favorites (# of views)   1 comment

Paul Krugman: Perspective on the Deal

Quicklink submitted By   Follow Me on Twitter     Message Sheila Samples     Permalink
Related Topic(s): ; ; ; ; , Add Tags

View Ratings | Rate It

opednews.com

Become a Fan
  (45 fans)
On the principle of the thing, you could say that Democrats held their ground on the essentials -- no cuts in benefits -- while Republicans have just voted for a tax increase for the first time in decades. So why the bad taste in progressives' mouths? It has less to do with where Obama ended up than with how he got there. He kept drawing lines in the sand, then erasing them and retreating to a new position. And his evident desire to have a deal before hitting the essentially innocuous fiscal cliff bodes very badly for the confrontation looming in a few weeks over the debt ceiling. If Obama stands his ground in that confrontation, this deal won't look bad in retrospect. If he doesn't, yesterday will be seen as the day he began throwing away his presidency and the hopes of everyone who supported him.

Read the rest of the story HERE:

At krugman.blogs.nytimes.com

- Advertisement -
- Advertisement -