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Wed Jan 2, 2013, 10:33 AM

Do you realize what Obama actually did here? [View all]

Last edited Wed Jan 2, 2013, 12:32 PM - Edit history (1)

I'm not seeing much that indicates that folks actually realize the scope of what Obama actually did.

He changed the subject entirely, and made this no longer about the "fiscal cliff" at all, but about renewal of the Bush tax cuts without the top bracket. Did you notice that spending cuts magically disappeared?

He extended the Bush tax cuts two years ago with the top bracket included, this time he got them made permanent with the top bracket removed and with other increases included. He also got renewal of some social safety net programs, which is just icing on the cake and pokes a stick in the Republican eye. That's the bill that just passed.

Let's not get wrapped up in quibbling over the numbers, they don't really matter, he won on principle in a really big way.

Update: Those who are asking if I'm going to be happy in two months, of course I'm going to be happy.

Don't you get it? Those spending cuts were what Republicans traded off for the debt ceiling increase last year, and now they are going to be negotiating those same spending cuts for a second ceiling increase this year. That's like I sold you some property, kept your money and the property and am now selling you the property a second time. I am going to enjoy the hell out of that.

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