As I recall, two things happened last year: voters were angry about the weak economy, and older voters believed that Obama was going to take away their Medicare and send them to the death panels. And so the way to win those voters back is to cut Medicare and weaken the economy?
A further point: even if Obama really does cut spending, will anyone notice? Even people who are supposedly well informed believe that there was a vast expansion of government under Obama, when in fact there wasnt. So were supposed to believe that independent voters will actually be able to cut through the fog the deliberate fog of Fox, the he-said-she-said of most other media organizations and give him credit for spending cuts? Remember, whatever he does Republicans will claim that the government is getting bigger and news organization will report only that Democrats say that this isnt true.