The President has finally accepted the sad fact that there is no “new politics.” There is only politics. He now plans to lead accordingly, per Ezra Klein:
President Obama’s deficit-reduction plan . . . is most interesting for what’s not in it. It does not cut Social Security by “chaining” the program’s cost-of-living increases. It does not raise the eligibility age for Medicare from 65 to 67. Nor does it include any other major concessions to Republicans. Rather, the major compromise it makes is with political reality — a reality that the White House would prefer not to have had to acknowledge. . .
. . . [The White House has] learned that voters aren’t interested in compromises that don’t lead to results. Obama looked like a nice guy, and that kept him personally popular. But he looked like an ineffectual leader, and that led his job approval to dip below 40 percent in some polls. . . . [Then] Democrats lost special elections in Nevada and New York. . . .
The new theory goes something like this: The first-best outcome is still striking a grand bargain with the Republicans, and it’s more likely to happen if the Republicans worry that Democrats have found a clear, popular message that might win them the election. The better Obama looks in the polls, the more interested Republicans will become in a compromise that takes some of the Democrats’ most potent attacks off the table.