If we’re all over the first stages of apoplexy, perhaps we can get back to reality. My reality is 2012. If $2.5 trillion is the price I pay for defeating Obama in 2012, and that's no certainty (see my blog post, “Reality Check – Obama Can Win Re-election”), then I am willing to pay that.
For those of you who want to see Obama defeated in 2012, do not let the McConnell proposal prompt you to call him a traitor to the cause. Let's wake up here. Do you really think that with a Democrat-controlled Senate and Presidency that we're going to get any agreement, much less any kind of passage, of structural reforms necessary to entitlements, the tax code and the regulatory environment. Do you really think Obama's going to give on spending cuts without his "fair and balanced" revenue increases, which us commoners know as higher taxes. Let's also not forget that these increases come on top of the increases resulting from Obamacare, already kicking in. At least with the McConnell proposal, Obama won't get his $1 trillion dollars.
Obama is a very smart man. He needs a debt ceiling deal on his terms very badly to help in his re-election, and that re-election is front and center on his mind. That's why those "fair and balanced" revenue increases are being pushed off until 2013. We all know he's blatantly playing politics. First, play the class warfare card with "the rich" vs. seniors and children with autism. Next, pillory our lovable villains, the big corporations, and the oil and gas companies. And let's not forget the new kids on the block, the corporate jet owners. And then to really fire up the masses, play the class warfare card again, only this time with senior scare. (And with regard to senior scare, I, personally find that behavior unconscionable in a President and leader. If that card is to be played, it's best left to the DNC or other minions. My humble opinion.)
The problem here is that while you and I recognize the rhetoric for what it is, there are many, many Americans who are listening and taking this to heart. I have to admit I'm a bit flummoxed as to why the Republicans haven't called him out on his numbers. There's money in the Treasury to pay social security, military service people, etc. Refer to a recent graph and Q&A from Goldman Sachs as featured in James Pethokoukis recent column, "The Issue isn't Default, but Government Shutdown".
Let Obama own the debt, while we concentrate on determining the best candidate who can defeat him in 2012. That's the prize. And Obama knows it. He has to splinter the Republicans, the Tea Party, the Conservatives and the Independents to win. Are we going to let him do it? Because if he wins another four years, $2.5 trillion is going to look like chump change.
From Politico.com: President Obama Smashes Record with $86M Haul
"President Barack Obama has shattered first quarter fundraising records for a White House incumbent by raising $86 million for the first quarter – dwarfing the 2012 GOP field’s total take and breezing past his own target of $60 million.
"[Obama 2012 Campaign Manager] Messina touted the campaign’s commitment to grassroots organizing, and the fact that the average donation was $69 – lower even than the 2008 average contribution."
Sinking in yet? There's work to do here, ladies and gentlemen.