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

rreid Wrote: Nov 16, 2012 9:45 AM
The economy was finally showing small signs of recovery after a couple of years of grid-lock (govt inaction - thank you). That is about to do a 180. Hang on!

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.

Before...