Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Why Does Obama Want a Debt Ceiling Fight?

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion: Presidency Donate to DU
 
n2doc Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 12:25 PM
Original message
Why Does Obama Want a Debt Ceiling Fight?
By Kevin Drum Thu Apr. 14, 2011 9:55 AM PDT

In the past, both Democrats and Republicans have used fights over the debt ceiling to embarrass the opposition party whenever it happened to be in power. Yawn. But they've never threatened to vote against raising the ceiling in order to extort goodies of one kind or another from the president. Obama, however, has indicated he's open to just this kind of extortion, and Republicans are eager to take him up on it. Jon Chait:

I don't really blame the Republicans for this, either. If Obama is going to begin by saying he'd like a straight vote on the debt ceiling but is willing to make policy concessions, what do you expect the Republicans to do? Keep in mind, the assumption that the Congressional minority can use the debt ceiling as a hostage to win substantive policy the president opposes is entirely novel. Obama has introduced this new development.

Jon calls this Obama's "insane hostage bargaining strategy," but I think we should at least admit the possibility that Obama is neither stupid nor insane. Sticking firmly to a negotiating position is hardly rocket science, after all, and all analogies to poker playing aside, it's hardly plausible that Obama doesn't get this. So surely the most likely explanation for his position is that he wants Republicans to make demands on him.

I don't know exactly why he wants this. Maybe he's itching for a fight. Maybe he thinks it will make Republicans look bad. Maybe he wants to cut spending but would rather give the appearance of having been forced into it. I don't know. But he's pretty obviously inviting Republicans to do this, not just stumbling into it accidentally. The only question is why.

http://motherjones.com/kevin-drum/2011/04/why-does-obam...
Printer Friendly | Permalink |  | Top
pnwmom Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 12:29 PM
Response to Original message
1. This article is twisting what Obama said. n/t
Printer Friendly | Permalink |  | Top
 
phleshdef Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 12:32 PM
Response to Original message
2. Considering how badly he punked them on the budget battle...
Edited on Thu Apr-14-11 12:33 PM by phleshdef
I mean, cmon. Here we have them claiming they got 78 billion in budget cuts when the reality was more to the tune of hundreds of millions, after all was said and done. The meme that President Obama is a huge concession giver is very inaccurate. The truth is, hes just really good at giving the illusion of concessions when the concessions themselves are trivial in the big picture. Even the tax cut fight is pretty trivial when you consider that he got a full year of unemployment extensions and all the middle class tax breaks out of it. And I'm fine with that if thats what it takes to move things ahead and still protect himself politically. He looks like he is being reasonable and voters like that.

People that write shit like this Kevin Drum have convinced themselves they are smarter than Barack Obama. People that take that bet have ended up losing time and time again.
Printer Friendly | Permalink |  | Top
 
Recursion Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-14-11 03:00 PM
Response to Original message
3. Because the Republican caucus will split
It divides the Wall Street GOP from the Teahadists, and he's going to enjoy every minute of it.
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Wed Oct 01st 2014, 09:51 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » General Discussion: Presidency Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC