“By the way, Harry Reid crushed the Democratic budget chairman, a good man, a fiscal hawk. And there are good, fiscal hawks – Kent Conrad – there are Democrats acting so responsibly.” In Washington – a land of mythical accounting and empty rhetoric – such a claim seems perfectly reasonable. In the real world – outside of Washington political circles and the New York media circus – it is absurd.
The demonstrably false party line being peddled by President Obama and the Democrats in the budget battle is that tax increases must be a large part of the deal because corporations and the rich don't pay their fair share.
Years ahead of forecasts, Social Security paid out more money than it took in last year. So who in Washington is serious about tackling the deficit and looming tidal wave of debt? Not President Obama.
2012's political topography heavily favors Republicans, who appear well positioned to secure at least a bare majority next year if they competently manage their strong hand.
On the home page of the Office of Management and Budget website, President Obama is quoted: "Rather than fight the same tired battles that have dominated Washington for decades, it's time to try something new."
Everyone knows House Republicans (along with three Democrats) voted on Jan. 19 to repeal Obamacare. But fewer people know what those same House Republicans -- this time, with more than a dozen Democrats -- did on Jan. 20.