General Discussion
In reply to the discussion: Obama, how DARE you cave on tax cuts for the rich & then raid Social Security to pay for them [View all]NashvilleLefty
(811 posts)Have you ever played Poker?
Obama is winning this. The deal is not just between him and Boehner, although they are the ones negotiating. Obama has to give something to allow the Repugs to "save face" and at least feel like they got something out of it. Remember, Obama's original goal was increasing taxes on people making $500k or over. His opening bid was $250k. Boehner eventually responded with $1mil and unspecified "entitlement" cuts, although they hinted at changing the chained CPI which is a HUGE concession considering that they wanted to privatize SS entirely.
Obama responded with tax increases for everyone with $400K and over - still $100k below his stated preference. I fault Obama because he already put a stake in the ground at $500, but at least we know what his line in the sand is. If he "gives" a little on the chained CPI, it's no big deal because that can be changed later.
All this extremist talk is just subjective.