Obama's "Grand Bargain" Delusion

[joshcryer]

26. The immediate effects are minimal.

You can wait until March or even April before you really start having to worry.

Representative Paul D. Ryan, the Republican vice-presidential nominee, returned to the House on Thursday for a hero’s welcome from adoring Republicans, jeers from opposition Democrats and a mission that was as painful as it was politically necessary: to give his blessing to legislation financing the government into next year at a level higher than the one set in his own budget.

With Mr. Ryan’s approval and his vote, the House easily passed a stopgap spending measure, 329 to 91, that will keep the government operating through March — without fuss or drama. That was a marked departure from the budget fights last year that threatened to shut down the government and even push it into a historic default.

http://www.nytimes.com/2012/09/14/us/politics/house-republicans-approve-spending-measure.html

Of course, I informed you of this before...

They got owned. They were trying to hold the country hostage by refusing to approve the 2013 budget, but the Democrats got them to approve it until March.

The only logical move is to let the tax cuts expire. Any negotiation before that time is a total failure. I would actually be upset if Obama negotiated before that (unless he magically good good results; which idiots like Glenn Greenwald believe).