Aaron Strife
Banned
It makes sense that Obama's showing his fiercer side over this.
If the debt limit isn't increased and we default, the economy's going in the shitter. The general consensus is the GOP would take a bigger share of the blame for it, but I doubt Obama wants to take that risk. Even in the classic Clinton-Gingrich scenario, the public felt both Clinton and Republicans deserved equal blame for not being able to compromise, it was only after it was made clear that Gingrich did it out of spite that the scales tipped in Clinton's favor.
What would've happened if Obama didn't pass the stimulus? The economy would probably be worse off today (11-12% unemployment maybe?) but it still would've made the turnaround. Or if healthcare reform wasn't passed? Status quo, which apparently a majority of voters in this country were okay with. The reason Obama didn't fight as hard for those things is because a) it really wouldn't have changed anything (losing the healthcare fight has the same result as not fighting it at all), and b) he pretty much got what he wanted anyway (he insisted on the smaller stimulus contrary to Joe Biden and other Democrats' desires, healthcare minus the public option).
This is pretty cut and dry though. We either default or we don't. Not fighting this would be a complete fucking disaster for all parties involved. And Republicans don't realize this - at least, the ones that do aren't the majority of the party.
That's ignoring what it does for his campaign if he DID get some sort of "grand bargain" accomplished. Republicans love to attack Democrats for reckless spending, and Obama's whole modus operandi for the 2012 election to win independents is to position himself as more of a centrist than a liberal. Here's what he gets to say when Romney, Bachmann, etc. tries to paint him as a tax and spend liberal:
"I cut 4 trillion dollars from the deficit. What the fuck did you do?"
He's thinking about the country, but also thinking about himself. And that's a pretty heated combination.
ed: Also I must add - Obama's winning this one. Completely. It's such a refreshing change, even if not everything he's doing (medicare/ss cuts) is awesome.
If the debt limit isn't increased and we default, the economy's going in the shitter. The general consensus is the GOP would take a bigger share of the blame for it, but I doubt Obama wants to take that risk. Even in the classic Clinton-Gingrich scenario, the public felt both Clinton and Republicans deserved equal blame for not being able to compromise, it was only after it was made clear that Gingrich did it out of spite that the scales tipped in Clinton's favor.
What would've happened if Obama didn't pass the stimulus? The economy would probably be worse off today (11-12% unemployment maybe?) but it still would've made the turnaround. Or if healthcare reform wasn't passed? Status quo, which apparently a majority of voters in this country were okay with. The reason Obama didn't fight as hard for those things is because a) it really wouldn't have changed anything (losing the healthcare fight has the same result as not fighting it at all), and b) he pretty much got what he wanted anyway (he insisted on the smaller stimulus contrary to Joe Biden and other Democrats' desires, healthcare minus the public option).
This is pretty cut and dry though. We either default or we don't. Not fighting this would be a complete fucking disaster for all parties involved. And Republicans don't realize this - at least, the ones that do aren't the majority of the party.
That's ignoring what it does for his campaign if he DID get some sort of "grand bargain" accomplished. Republicans love to attack Democrats for reckless spending, and Obama's whole modus operandi for the 2012 election to win independents is to position himself as more of a centrist than a liberal. Here's what he gets to say when Romney, Bachmann, etc. tries to paint him as a tax and spend liberal:
"I cut 4 trillion dollars from the deficit. What the fuck did you do?"
He's thinking about the country, but also thinking about himself. And that's a pretty heated combination.
ed: Also I must add - Obama's winning this one. Completely. It's such a refreshing change, even if not everything he's doing (medicare/ss cuts) is awesome.