The President’s early misjudgment in seeking a “grand bargain” is disconcerting

I am always inclined to stick up for the fellow who’s being bullied and to blame those who are behaving in an extreme or intransigent manner. In the debt-ceiling crisis, the President is clearly the former, with the House “tea party” Republicans in the latter role. But I have found the President’s earliest handling of this difficult to fathom or excuse.  Why go for the “grand” $4 trillion deal (mostly cuts, little revenue) under dire, but temporary, threats? It would seem better to make a small deal and, if necessary, kick the can down the road. Was this an effort by the President to tack dramatically to the right in hopes of improving his chances of capturing the center in the 2012 elections? I’ve not come up with a better explanation.

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About Guy N. Texas

Guy N. Texas is the pen name of a lawyer living in Dallas, who is now a liberal. He was once conservative, but this word has so morphed in meaning that he can no longer call himself that in good conscience. Guy has no political aspirations. He speaks only for himself.
This entry was posted in Economic policy, Politics, Presidential rhetoric. Bookmark the permalink.

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