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Unlocking Obama's Economic Vision (Spoiler: It's Blurry)

Rock Strongo Wrote: Nov 16, 2012 8:44 AM
Much as it pains me, I totally agree. If congressional republicans offer even token resistance, they will be blamed for the coming economic catastrophe (which is coming either way), and our dumbed-down populace will buy it. Boehner will cave anyway, so he might as well play the "bipartisan" and let Obama work his economic "magic." I guarantee, if Boehner manages to hold the line on taxes (doubtful anyway), the narrative will be "Obama's brilliant policies would have worked if not for those damn republicans' insistence on tax cuts for 'the rich.'" Cries of republican "obstructionism" will ring out across the land, and the economic illiterates will buy it.

Wednesday’s press conference marked the first occasion journalists have had to question the President directly – about anything – in eight months, and President Obama tipped his hat on his plans to confront the coming fiscal cliff with chastened House Republicans. In short, he will probably raise tax rates for the wealthy.

But thanks to an explosive and, as my colleague Donny Deutsch put it, testosterone-fueled defense of UN Ambassador Susan Rice, a lot of what the President also said about his plans to reduce the deficit went ignored. That’s a shame – they were quite illuminating.