There has been some speculation that in the end Barack Obama will yield on the debt ceiling, just as he did in the row over the Bush tax cuts earlier this year.
It’s believed he will push the GOP as far as he can, and then find a safe retreat position and accept some sort of plan, more or less according to the GOP’s liking. He’ll have to, they say, for to push too far could do irreparable damage to his administration.
I’m watching this carefully, as some of the rhetoric coming from Obama sounds as intransigent as it has with the Republicans, only they are boxed in with little ability to move laterally. House negotiators cannot afford to agree to any deal they know in advance they can’t win with their members, and to publicly announce such a plan, then see it defeated, would surely result in a split in the Party, and a big big win for Obama and the Democrats.
For Obama this would be a win even bigger than the tax increases he’s now seeking. He can afford to risk Greece in order to permanently split and disable the GOP, for that insures several campaign cycles of victories for the Democrats, who, unlike 2008, when they were afraid of voter wrath, will no longer fear voters, for voters will no longer have a united front with which to vent their anger. They can tax the bejeezus out of us, push us over the brink, then declare the Venezuelan bolivar to be the national currency, for all it would matter. Who cares? One party rule will be around for many years, and Obama will find statues going up all across a broke, blue, basket-case called America.
There will be no more talk of birth certificates, or Guns-for-Cartels, but some talk, I suspect, of repealing the 22nd Amendment.
You have to admit it is an attractive scenario if you are turned a certain way, and Obama clearly is not turned the same way George Washington was.
That seems to be Obama’s gambit, and while it is ambitious, still most watchers think, if the House doesn’t budge, he’ll have to cut his losses and rely on the theory the damage won’t be long-lasting. And they base this on the way he so easily backtracked from the Bush tax cuts debacle.
For a variety of reasons I think Obama had passed the point of no return about a face-saving retreat in any case.
But for your consideration:
Perhaps Obama doesn’t view the Bush tax cuts and the 2 trillion in cuts the House GOP is asking for in the same way. This, too, may all depend on how Obama was turned.
You see, the Bush tax cuts weren’t his. These are.
The House is asking Obama to give back to the People 2-plus trillion dollar he personally acquired from said People. It’s his. We know nothing of Obama’s years in college or law school, so far less about his years in kindergarten. As a kid was he ever required to give anything back? That’s right, the flip side of Robert Fulhgum’s best selling 45, “All I Ever Really Need To Know I Learned in Kindergarten”. Is all Obama learned “It’s mine!”?
It all may all come down to whether young Barry ever played well with other children, was taught even the simplest of rules of good behavior, or was ever reprimanded in even the mildest manner.
Think about it. A thousand ships were launched over a pretty face (in red, open-toed sandals, with leather thong straps half way up the calf), and what was it about a stupid sled named “Rosebud”?
Of course a political career can crash and burn all because he never learned to say “Sorry” when he was six. Happens all the time.
Entire dynasties have fallen for less.