Debt deal could boost Obama in 2012

:)

Debt deal could boost Obama in 2012

For crafting a complex last minute resolution to a crisis solely of its own making, no one in Washington should really feel good about the debt deal. While some on the right and many on the left are not happy with the deal, even President Obama and the congressional leaders he negotiated with have said it's not the perfect bill. But there's a possible silver lining in this debacle for the White House and Democrats.

Here's why: while it may look to many in his party as a raw deal, Mr. Obama succeeded in showing leadership in the end by brokering any deal to solve the crisis, showed he was willing to compromise and take less than he wanted, and showed he was serious about tackling the looming debt crisis facing the country.

With a trillion dollars in cuts to federal spending, and more on the way, all sides succeeded in showing they weren't initially just kicking the can down the road, or whistling past the graveyard, though everyone also acknowledges that there still has to be some serious conversations about government spending and priorities in the years to come - and the establishment of a congressional super committee could begin to do just that.

But here you have a Democratic president, who's been painted a free-spending liberal, taking credit for what is the largest cut in federal spending in history. "The first part of this agreement will cut about $1 trillion in spending over the next 10 years.... The result would be the lowest level of annual domestic spending since Dwight Eisenhower was president -- but at a level that still allows us to make job-creating investments in things like education and research," he said.

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http://www.cbsnews.com/8301-503544_162-20086290-503544.html

Jobs and the economy will be all that matters - and there's nothing that makes me optimistic about either of those things. This deal, in fact, will only hurt them.

Maybe not in two months, but by November we'll be right back in the middle of this controversy -- because that's when the 'Super Congress' gets to screw middle class America again.

And you are correct ... there is very little in this 'deal' and in the Washington legislative sausage-making machine that should cause you to be optimistic.

Yes, let's encourage him to do more unfathomable caving to the right because his reelection so he can do more of the same is all that matters.

Cutting domestic spending in the middle of the biggest economic catastrophe since the Great Depression is exactly the wrong thing to do.

They'll paint him as that anyway. And beginning about a week from now.

He didn't drown the federal government in a bathtub.

He merely hurt suffering people.

:rofl:

:kick:

that's why he did it.

Despite the hysterical caterwauling that he's weak and NOT a leader, it actually TOOK one to push Congress to work together to put both parties' names on it.

My company sent the President an open letter asking to resolve the crisis.

My insurance company's website has a contingency plan for members if Congress doesn't act in time.

Getting this done will be well remembered.

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those coveted swing voters are likely to give him his walking papers.