Wednesday, July 13, 2011

Robert Reich on the McConnell option on the debt-ceiling negotiations

Economist Robert Reich agrees with analysts like David Dayen and Digby that while the Beltway Village will celebrate something like the Mitch McConnell surrender option on the debt-ceiling vote as a victory for President Obama. His blog post is called, oddly, Why Mitch McConnell Will Win the Day07/13/2011. Still, though in some sense it actually is a win for the President:

Washington insiders will consider the McConnell compromise a win for Obama. But the rest of the country hasn't been paying much attention and won't consider it much of a win for either side. Their attention is riveted to the economy, particularly jobs and wages. If those don't improve, Obama will be a one-term president regardless of how the GOP wants to paint him. [my emphasis]
Because Obama and Democrats approached this in such a way that it was really a losing situation for them no matter the outcome.

And since the Republicans not only got Obama to join them in pushing for Medicare cuts but also to take the lead in calling to cut Social Security, it has been a disaster for Democrats.

Tags: , ,

| +Save/Share | |

Links to this post:

Create a Link




FEATURED QUOTE

"It is the logic of our times
No subject for immortal verse
That we who lived by honest dreams
Defend the bad against the worse."


-- Cecil Day-Lewis from Where Are The War Poets?


ABOUT US

  • What is the Blue Voice?
  • Bruce Miller
  • Fdtate
  • Marcia Ellen (on hiatus)
  • Marigolds2
  • Neil
  • Tankwoman
  • Wonky Muse

  • RECENT POSTS

  • The grim debt-ceiling negotiations farce and the d...
  • Imagining the week Obama proposed cutting Social S...
  • The end of the (good side of the) Democratic Party...
  • Libya War: expect to be there a long time
  • Hawks, lemmings and being fair about the Democrats...
  • Republicans ruthlessly sabotaging Democratic Admin...
  • "Eat our peas?" (!!) Metaphors elected democratic ...
  • Krugman takes on his Times colleague Bobo and Ruth...
  • The Democrats sing to each other ...
  • Climate change denial and "free-market" ideology

  • ARCHIVES




    RECENT COMMENTS

    [Tip: Point cursor to any comment to see title of post being discussed.]
    SEARCH THIS SITE
    Google
    www TBV

    BLUE'S NEWS





    ACT BLUE











    BLUE LINKS

    Environmental Links
    Gay/Lesbian Links
    News & Media Links
    Organization Links
    Political Links
    Religious Links
    Watchdog Links

    BLUE ROLL


    MISCELLANEOUS

    Atom/XML Feed
    Blogarama - Blog Directory
    Blogwise - blog directory

    Blogstreet
    Haloscan


    Blogger

    hits since 06-13-2005

    site design: wonky muse
    image: fpsoftlab.com