From Twitter 12-07-2010
Dec. 8th, 2010 02:03 amTweets copied by twittinesis.com
The Wall Street Journal: "this deal is superior to anything we could have imagined six months ago. Much credit goes to Mitch McConnell and Senate Republicans for holding together against the class war attacks of Chuck Schumer and other Democrats."
My view is that the McConnell-Biden deal - for that's who negotiated it - is great for Obama. Why? Because it will greatly add to economic growth in the next two years, the sine qua non of survival in this economic climate; because, once the Democrats had failed to pass a budget before the election, this was the best Obama could possibly get; and because Obama - especially in his riveting press conference yesterday - took the angry and beleaguered position of doing the post-partisan best for the American people, rather than trying to score one against the GOP or for the Dems.
The Wall Street Journal: "this deal is superior to anything we could have imagined six months ago. Much credit goes to Mitch McConnell and Senate Republicans for holding together against the class war attacks of Chuck Schumer and other Democrats."
My view is that the McConnell-Biden deal - for that's who negotiated it - is great for Obama. Why? Because it will greatly add to economic growth in the next two years, the sine qua non of survival in this economic climate; because, once the Democrats had failed to pass a budget before the election, this was the best Obama could possibly get; and because Obama - especially in his riveting press conference yesterday - took the angry and beleaguered position of doing the post-partisan best for the American people, rather than trying to score one against the GOP or for the Dems.
Yesterday I had an exchange with a very Senior member of this Administration who wanted to sell me on this deal. I pointed out that that was fine, except that — as I phrased it to him — "frankly the base has just vanished." "Well," he replied, "then they must not have read the details." There, in a nutshell, is this Administration. They didn't make a bad deal — we just don't understand it.
Just as it was our fault, Mr President, for not understanding your refusal of even the most perfunctory of investigations of rendition or domestic spying or the other crimes of the Bush Administration, or why you have now established for those future Administrations who want to repeat those crimes, that the punishment for them will be nothing.
Just as it was our fault, Mr. President, for not understanding Afghanistan. Just as we didn't correctly perceive, Sir, the necessity for the continuation of Gitmo. Or how we failed to intuit, President Obama, your preemptive abandonment of Single Payer and the Public Option. Or how we couldn't have foreseen your foot-dragging on "Don't ask, don't tell." Just as we shouldn't have gotten you angry at your news conference today and made all the moderate Democrats wonder why in the hell you get publicly angry so often at the liberals who campaigned for you and whether you might save just a touch of that sarcasm and that self-martyrdom for the Republicans.
And of course, Mr. President how we totally betrayed your Administration by not concluding our prayers every night by saying "Thank you for preventing another Great Depression, you are entitled to skate along on your own wonderfulness indefinitely and if you get less than you could have on Health Care Reform or taxes, well, that'll be okay, we're happy to pay $10,000 for a $300 car because hey, it could've been $20,000, right? And because we only expect you to do one thing correctly during a presidency and you had pretty much cleared that obligation when it proved that you were, indeed, not John McCain."
Yesterday I had an exchange with a very Senior member of this Administration who wanted to sell me on this deal. I pointed out that that was fine, except that — as I phrased it to him — "frankly the base has just vanished." "Well," he replied, "then they must not have read the details." There, in a nutshell, is this Administration. They didn't make a bad deal — we just don't understand it.
Just as it was our fault, Mr President, for not understanding your refusal of even the most perfunctory of investigations of rendition or domestic spying or the other crimes of the Bush Administration, or why you have now established for those future Administrations who want to repeat those crimes, that the punishment for them will be nothing.
Just as it was our fault, Mr. President, for not understanding Afghanistan. Just as we didn't correctly perceive, Sir, the necessity for the continuation of Gitmo. Or how we failed to intuit, President Obama, your preemptive abandonment of Single Payer and the Public Option. Or how we couldn't have foreseen your foot-dragging on "Don't ask, don't tell." Just as we shouldn't have gotten you angry at your news conference today and made all the moderate Democrats wonder why in the hell you get publicly angry so often at the liberals who campaigned for you and whether you might save just a touch of that sarcasm and that self-martyrdom for the Republicans.
And of course, Mr. President how we totally betrayed your Administration by not concluding our prayers every night by saying "Thank you for preventing another Great Depression, you are entitled to skate along on your own wonderfulness indefinitely and if you get less than you could have on Health Care Reform or taxes, well, that'll be okay, we're happy to pay $10,000 for a $300 car because hey, it could've been $20,000, right? And because we only expect you to do one thing correctly during a presidency and you had pretty much cleared that obligation when it proved that you were, indeed, not John McCain."
White House economic adviser Larry Summers told ABC News that a failure to pass the tax cut compromise President Obama negotiated "would significantly increase the risk" of a double-dip recession.
Said Summer: "If this process were to break down and a bill were not passed, downward revisions would commence."
Of course, just yesterday Reuters notes President Obama said that "he no longer sees the danger of a double-dip recession."
White House economic adviser Larry Summers told ABC News that a failure to pass the tax cut compromise President Obama negotiated "would significantly increase the risk" of a double-dip recession.
Said Summer: "If this process were to break down and a bill were not passed, downward revisions would commence."
Of course, just yesterday Reuters notes President Obama said that "he no longer sees the danger of a double-dip recession."