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Economy
See other Economy Articles

Title: Call Obama’s bluff
Source: Washington Post
URL Source: http://www.washingtonpost.com/opini ... /gIQAfzFyEI_story.html?hpid=z4
Published: Jul 15, 2011
Author: Charles Krauthammer
Post Date: 2011-07-15 12:04:22 by jwpegler
Keywords: None
Views: 34943
Comments: 55

President Obama is demanding a big long-term budget deal. He won’t sign anything less, he warns, asking, “If not now, when?”

How about last December, when he ignored his own debt commission’s recommendations? How about February, when he presented a budget that increases debt by $1041;trillion over the next decade? How about April, when he sought a debt-ceiling increase with zero debt reduction attached?

All of a sudden he’s a born-again budget balancer prepared to bravely take on his own party by making deep cuts in entitlements. Really? Name one. He’s been saying forever that he’s prepared to discuss, engage, converse about entitlement cuts. But never once has he publicly proposed a single structural change to any entitlement.

Hasn’t the White House leaked that he’s prepared to raise the Medicare age or change the cost-of-living calculation?

Anonymous talk is cheap. Leaks are designed to manipulate. Offers are floated and disappear.

Say it, Mr. President. Give us one single structural change in entitlements. In public.

As part of the pose as the forward-looking grown-up rising above all the others who play politics, Obama insists upon a long-term deal. And what is Obama’s definition of long-term? Surprise: An agreement that gets him past Nov. 6, 2012.

Nothing could be more political. It’s like his Afghan surge wind-down date. September 2012 has no relation to any military reality on the ground. It is designed solely to position Obama favorably going into the last weeks of his reelection campaign.

Yet the Olympian above-the-fray no-politics-here pose is succeeding. A pliant press swallows the White House story line: the great compromiser (“clearly exasperated,” sympathized a Post news story) being stymied by Republican “intransigence” (the noun actually used in another front-page Post news story to describe the Republican position on taxes).

The meme having been established, Republicans have been neatly set up to take the fall if a deal is not reached by Aug. 2. Obama is already waving the red flag, warning ominously that Social Security, disabled veterans’ benefits, “critical” medical research, food inspection — without which agriculture shuts down — are in jeopardy.

The Republicans are being totally outmaneuvered. The House speaker appears disoriented. It’s time to act. Time to call Obama’s bluff.

A long-term deal or nothing? The Republican House should immediately pass a short-term debt-ceiling hike of $500 41;billion containing $500 41;billion in budget cuts. That would give us about five months to work on something larger.

The fat-cat tax breaks (those corporate jets) that Obama’s talking points endlessly recycle? Republicans should call for urgent negotiations on tax reform along the lines of the Simpson-Bowles commission that, in one option, strips out annually $1.141;trillion of deductions, credits and loopholes while lowering tax rates across the board to a top rate of 23 percent. The president says he wants tax reform, doesn’t he? Well, Mr. President, here are five months to do so.

Will the Democratic Senate or the Democratic president refuse this offer and allow the country to default — with all the cataclysmic consequences that the Democrats have been warning about for months — because Obama insists on a deal that is 10 months and seven days longer?

That’s indefensible and transparently self-serving. Dare the president to make that case. Dare him to veto — or the Democratic Senate to block — a short-term debt-limit increase.

This is certainly better than the McConnell plan, which would simply throw debt reduction back to the president. But if the House cannot do Plan A, McConnell is the fallback Plan B.

After all, by what crazy calculation should Republicans allow themselves to be blamed for a debt crisis that could destabilize the economy and even precipitate a double-dip recession? Right now, Obama owns the economy and its 9.2 percent unemployment, 1.9 percent GDP growth and exploding debt about which he’s done nothing. Why bail him out by sharing ownership?

You cannot govern this country from one house. Republicans should have learned that from the 1995-96 Gingrich-Clinton fight when the GOP controlled both houses and still lost.

If conservatives really want to get the nation’s spending under control, the only way is to win the presidency. Put the question to the country and let the people decide. To seriously jeopardize the election now in pursuit of a long- term, small-government, Ryan-like reform that is inherently unreachable without control of the White House may be good for the soul. But it could very well wreck the cause.

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Begin Trace Mode for Comment # 12.

#2. To: jwpegler (#0)

After all, by what crazy calculation should Republicans allow themselves to be blamed for a debt crisis

You mean the debt crisis the Republicans themselves caused?

Godwinson  posted on  2011-07-15   12:18:46 ET  Reply   Untrace   Trace   Private Reply  


#3. To: Godwinson (#2)

You mean the debt crisis the Republicans themselves caused?

You know damn well that the Democrat Congress during Bush's second term was quite satisfied with joining the administration's reckless use of our military and education and home ownership and...

Charles Krauthammer is the only columnist I read anymore. As I have been saying for 12 years, the Republicans are incapable of running Congress, but they damn well better do exactly what he says. Boehner needs to get some backbone and McConnell needs to stop listening to Hatch.

harrowup  posted on  2011-07-15   13:41:10 ET  Reply   Untrace   Trace   Private Reply  


#7. To: harrowup (#3)

Charles Krauthammer is the only columnist I read anymore.

So,...you like the Vampire Jew huh

Its one thing for Israel to defend itself against the crazed moo si lums
Quite another issue however when Ghoulish Jews guilt trip America that its their solemn destiny to bring Democracy to the Moo si lums
Its Neo con code word for War and military industrialist profits and benefits for Israel,....like it was a never ending Birthday party.

10 Years on from the False Flag of 9-11
America is broken and in staggering debt,...having its testicles crushed at airports,,..its women and children groped.

All this is the Gift of the Neo Con,....the RINO,....even the Democrat whores on the Hill who were found to own more stock in defence corporations and alligned than RINO's

All this the great gift,......the Ghoul in the wheelchair grins from the periphery.

Parrot with speed dial  posted on  2011-07-15   21:35:26 ET  Reply   Untrace   Trace   Private Reply  


#10. To: Parrot with speed dial (#7)

So,...you like the Vampire Jew huh

Wow, I've never paid much attention to you before, but you have some deep socialization problems.

You can get help, but nobody will notice.

harrowup  posted on  2011-07-16   11:36:52 ET  Reply   Untrace   Trace   Private Reply  


#11. To: harrowup, Parrot with speed dial (#10)

Wow, I've never paid much attention to you before, but you have some deep socialization problems.

You really do sound like a liberal from the chosen tribe with that one.

mininggold  posted on  2011-07-16   11:44:49 ET  Reply   Untrace   Trace   Private Reply  


#12. To: mininggold (#11)

You really do sound like a liberal from the chosen tribe with that one.

And another anti-semite comes calling.

harrowup  posted on  2011-07-16   12:30:51 ET  Reply   Untrace   Trace   Private Reply  


Replies to Comment # 12.

#13. To: harrowup (#12)

And another anti-semite comes calling.

Ooooh that nasty poster again (me) making an observation that's probably accurate. You need to tell White Sands so she can save the post for you.

mininggold  posted on  2011-07-16 12:47:10 ET  Reply   Untrace   Trace   Private Reply  


End Trace Mode for Comment # 12.

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