If Democrats Bumble The “Fiscal Cliff” They Can Blame Bush

AEI’s Marc Thiessen, writing in The Washington Post has a history-based warning for President Obama and Democrats in relation to the “fiscal cliff:”

Obama thinks he has a lot more political capital than he really does. A White House official told Politico’s Mike Allen this weekend that the “President campaigned on this and won.” So what? In 2004, George W. Bush campaigned on Social Security reform and won. How far did that get him? Bush famously declared, “The people made it clear what they wanted. I earned capital in the campaign . . . and I intend to spend it.” He soon learned he had not earned as much political capital as he thought.

President Obama is about to learn a similar lesson. Exit polls show just 47 percent of the electorate would support raising taxes on the wealthy — not even a simple majority. When asked if “taxes should be raised to help cut the budget deficit,” 63 percent said “no.” And a 51 percent majority said “Government is doing too many things better left to businesses and individuals.” There is no public groundswell for massive tax increases or more government spending.

Democrats are making the classic Washington mistake of believing their own spin, when they should be heeding the drug dealer’s motto: “Don’t get high on your own supply.”

In 2005 Democrat’s played the obstructionist role on Social Security reform and were rewarded with historic mid-term wins in the House and Senate, taking control. The shoe is on the other foot this time…

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  • 914

    They’ll still be blaming Bush when the next 4 unbalanced budgets are never presented.

  • GarandFan

    “There is no public groundswell for massive tax increases or more government spending.”

    Well there is, if you surround yourself with Obamabots.

  • retired.military

    I cant stand the site of Pelosi, Rangel, Frank, Reid, Obama or DWS. To add to that list is maxine waters and Sheila Jackson Lee.

    The world would be a much better place if the above named individuals were all dog catchers in their respective home districts. THe dogs would love it too as nothing would ever get done, the catchers would only sit around and talk about the best way to catch dogs.

  • jim_m

    The GOP has offered $800B in revenues plus $900B in spending cuts.

    Expect the dems to refuse this despite the fact that the revenues and spending cuts are taken from the Bowles-Simpson committee that obama asked to recommend a solution to the fiscal crisis.

    The dems want to go over the cliff. There is no proposal that the GOP could offer that would ever be acceptable to them. obama has no intent on compromising even if it means rejecting his own debt commission’s recommendations.

    obama said he would produce a plan only if the GOP produced one first. Time for obama to pony up now that they have presented a serious compromise plan. I expect the coward, commie in chief to promptly run away.

  • ackwired

    it looks to me like they will find a deal. Both sides are posturing now with their opening proposals. No surprise there. I look for a last minute deal.

  • Wild_Willie

    I think it is time to let us go off the fiscal cliff to wake up the zombies that have been treating this problem like it is nothing serious. We will recover, but first, like an intervension, you have to hit bottom. ww