As he often does, Krauthammer nails it in this column about the current “standoff” over the “fiscal cliff.” See for yourself:
Let’s understand President Obama’s strategy in the “fiscal cliff” negotiations. It has nothing to do with economics or real fiscal reform. This is entirely about politics. It’s Phase 2 of the 2012 campaign. The election returned him to office. The fiscal cliff negotiations are designed to break the Republican opposition and grant him political supremacy, something he thinks he earned with his landslide 2.8-point victory margin on Election Day.
This is why he sent Treasury Secretary Tim Geithner to the Republicans to convey not a negotiating offer but a demand for unconditional surrender. House Speaker John Boehner had made a peace offering of $800 billion in new revenue. Geithner pocketed Boehner’s $800 billion, doubled it to $1.6 trillion, offered risible cuts that in 2013 would actually be exceeded by new stimulus spending and then demanded that Congress turn over to the president all power over the debt ceiling.
This column is a must-read. It exposes the bare-knuckles, Chicago-style cynicism and partisanship that Barack Obama has prominently on display. He reminds us what a ridiculous charade it is for Obama to dismiss eliminating tax deductions as a solution to the alleged revenue problem, when Obama himself offered that identical solution in July, 2011, about which he writes “[y]ou’ve heard of situational ethics. This is situational mathematics.”
He goes on to chronicle the breath-taking level of Obama’s spending, and points out the end game, which Obama and current crop of weasels in Congress won’t have to deal with.
What’s he thinking? Doesn’t Obama see looming ahead the real economic cliff — a European-like collapse under the burden of unsustainable debt? Perhaps, but he wants to complete his avowedly transformational social-democratic agenda first and let his successors — likely Republican — act as tax collectors on the middle class (where the real money is) and takers of subsidies from the mouths of babes.
He also notes as we have frequently noted on the last several weeks on the Teri O’Brien Show, Barack Obama’s short-term objective is to eliminate any and all obstacles to his ultimate objective, the “remaking” of American into a Euro-style, redistributionist state with a Cook County pyramid structure.
Mr. Speaker, please read this column, and you will know what to do.