Keith from the Whitehouse Dossier seems to think the Republicans have the upperhand with respect to the fiscal cliff negotiations. He argues that Obama will be motivated to deal with the Republicans because without a deal, he’d be seen as the worst president in history.
I kind of disagree. I am not sure Obama has the foresight to realize that.
I don’t think President Obama wants to go down as the worst president in history, do you?
Well, that’s what going over the fiscal cliff will make him. And that’s why the Republicans have a lot a leverage.
The massive spending cuts and tax increases set to kick in January 2 will cause a second recession, from which we may not emerge for many months. The economy may not really get going for years. Obama will have presided over two terms of economic disaster. It will ruin his legacy, and sow the seeds for a major Republican revival.
Presidents are ultimately responsible for their presidencies. The good ones tame their enemies, pick off some of them and make them allies, and get a good result. The bad ones go over fiscal cliffs.
The history books will say that Obama had to deal with a recalcitrant Congress. That will be the second thing school kids learn. But the first thing they will learn is that Obama sucked.