Obama intends to sell rotten fish to the ‘lesser people’

The New York Times, stenographer of the powerful, reports that:

As he prepares to meet with Congressional leaders at the White House on Friday, aides say, Mr. Obama will not simply hunker down there for weeks of closed-door negotiations as he did in mid-2011, when partisan brinkmanship over raising the nation’s debt limit damaged the economy and his political standing. He will travel beyond the Beltway at times to rally public support for a deficit-cutting accord that mixes tax increases on the wealthy with spending cuts.

I bet Obama wants to protect his political standing more than he wants to protect the economy. Of course, I might be wrong about this. Obama could sincerely believe the conventional wisdom which maintains as dogma that federal budget deficits harm the economy and cutting social programs will spur growth. Yet I just cannot convince myself that Obama is anything but a dedicated class warrior for a class to which he does not belong.

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