He's "show(n) more determination and will to fight than he has at time in the last four years."
Republicans practice "political extortion." They're "used to (his) yielding to it. They may be waiting to see it he blinks again."
He campaigned and won on a pledge to "reduce the deficit while still making the investments we need to build a strong middle class and a strong economy."
Economist Paul Craig Roberts appears often on the Progressive Radio News Hour. He cuts through deceptive rhetoric, promises and policy.
Sham deficit cutting and tax increases over the next decade will do little to address the problem, he says. Whatever both parties agree, "the 'fiscal cliff' is going to happen either way."
Economic straight talk explains that "double-barrel (forced) austerity delivered to a faltering and recessionary economy" assures a greater problems than it solves.
Honest economists explain say stimulus, not austerity, is needed during hard times. Humans aren't nourished by starving them. Economies can't expand without growth producing investment.
Times editors didn't explain. Neither did writer Jonathan Weisman . On December 17, he headlined "Obama's New Offer on Fiscal Crisis Could Lead to Deal," saying: