With the Myrmidon Media in his pocket, Obama can't lose. If the GOP does compromise, it will mean they got something. Even just a little something means that Democrats can blame the next recession on Republicans.
The best strategy is to say, okay, Democrats, the economy is now owned lock stock and barrel by your out-dated Galbreath/Keynesian beliefs. Let's see how that works.
Then promise to fix things in 2 years.