Slow motion political crash

That’s my impression of the “drama” unfolding in the budget talks.  Obama now is the one purporting to demand bigger cuts, a more long term agreement, and so on and so on, provided there also are commensurate tax increases.

It’s an interesting ploy, and tied solely to Obama’s 2012 campaign.  Obama, who just months ago proposed a budget with runaway deficits, now wants to grab the title of deficit hawk.

It’s all a game.  Obama knows that Democrats in the Senate would block any bill which actually addressed the structural problem of entitlements.  So Republicans will agree to tax increases, entitlements will not be touched, and Republicans will be blamed when the whole deal craters.

This is all very Clintonian.

Tags: 2012 Election, Budget Deficit

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