This is a rough time. We will hope that the qualities we admire in Obama outweigh the ones that make us nervous.
Come to think of it, if a leader is not a monster, fool, or knave, isn't this a wish for all seasons?
This is a rough time. We will hope that the qualities we admire in Obama outweigh the ones that make us nervous.
My best guess is also the most boring one: He actually thinks the cuts are a good idea. Macroeconomically they don't make sense, but as a signal they might be pretty powerful...my guess is that (1) Obama is serious about wanting to rein in the long-term deficit, (2) he thinks the cuts in this year's budget are a good way of signalling his seriousness, and (3) he also thinks that a few tens of billions of dollars in lost spending will have such a minor macroeconomic effect that it's a small price to pay.Isn't it pretty to think so? Like Drum, I struggle (here, here) with the gravitational pull of trusting Obama (and on the weekend, I speculated that the tax cut binge of late 2010 may have increased Obama's urge to gesture toward offsetting spending restraint). On the yield side, I would add that his claim that the just-concluded deal preserves his priority investments (as outlined in the SOTU) is worth at least a look as details emerge this week (along with Democratic claims that $17 billion of the cuts were offloaded onto mandatory spending programs, if that's anything to be cheered about).
A bewildered Chinese friend asked me how the world’s leading democracy could be so mismanaged that it could shut down. I couldn’t explain. This budget war reflects inanity, incompetence and cowardice that are sadly inexplicable.
P.S. Watching Democrats apparently give ground yard by yard -- from accepting a reported $32-33 billion in cuts earlier this week to $37-38 billion today, not to say even getting in this range in the first place -- is so baffling that I wonder, by defensive reflex if nothing else, if there isn't more to this than meets the eye. Are some of those billions illusory, i.e. offloaded into areas Democrats don't care about or want to cut? Has the weighting changed in some way that offsets the sticker amount?And how, given the final sticker amount, can Obama find the "audacity" to claim this?
But beginning to live within our means is the only way to protect those investments that will help America compete for new jobs -- investments in our kids’ education and student loans; in clean energy and life-saving medical research. We protected the investments we need to win the future.Here is a Dem answer -- or spin:
“1) $17 BILLION IN ‘CHIMPS’ -- WE SPREAD OUT THE CUTS ACROSS OTHER PARTS OF THE BUDGET. We insisted that meeting in the middle on cuts would require looking beyond domestic discretionary spending—and we prevailed. More than half—or $17 billion—of the final round of spending cuts came from changes in mandatory programs, or CHIMPs. The emphasis on this part of the budget staved off severe cuts to key domestic programs like education, clean energy, and medical research."The CHIMPS," cried Mr. Rochester. "Deuce take me if I did not forget the CHIMPS!"* Or make that Mr. Rogers (David), who explained back on April 3:
Some of the cuts we agreed to will be painful. Programs people rely on will be cut back. Needed infrastructure projects will be delayed. And I would not have made these cuts in better circumstances.
But beginning to live within our means is the only way to protect those investments that will help America compete for new jobs -- investments in our kids’ education and student loans; in clean energy and life-saving medical research. We protected the investments we need to win the future.
Leaders of the small-government, tea-party movement are generally giving House Speaker John Boehner high marks for his leadership in the spending showdown, even though the agreement eventually reached Friday night fell short of the cuts the tea party once demanded.Update, 4/9, 12:17: Weigel says it better:
Let’s go back to the raw politics. Can we say that Republicans got the better of the no-shutdown deal? Yes, because if there had been a shutdown, Republicans would have been blamed for it. The record was all cued up. Democrats spent months predicting that Boehner would have trouble controlling his new Tea Party members. They spent this week saying he had to put the Tea Party “horse back in the barn,” as Dick Durbin said. Well, there’s a deal – the implication is that he put the horse back in the barn. If the Republicans would have been blamed for a shutdown, it follows that they get credit for a shutdown being avoided.