Monday, November 12, 2012

Obama's Upper Hand

Jonathan Cohn, The New Republic
President Obama sent Republicans a message on Friday: I won. Get over it. He didn’t put it quite that way, of course. Instead, he gave some formal, prepared remarks about economic policy—specifically, how he would like Congress to address expiration of the Bush tax cuts and the implementation of some automatic spending cuts, both of which are scheduled to take place on January 1. Dealing with this “fiscal cliff” will likely be the primary political preoccupation of the next few months. And, over the last few days, Republican leaders have made a...

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