Daniel Henninger: Where in his career did Barack Obama ever learn the art of the political deal? Nowhere. ✧ Barack Obama says his election victory is a mandate to pursue the policy course he's insisting on in negotiations with Republicans on the fiscal cliff. He wants a tax increase of $1.6 trillion, $50 billion of new and immediate stimulus spending and the end of congressional approval to raise the ceiling on U.S. debt—the debt that a ratings agency downgraded in 2011. Read more at the Wall Street Journal...
Note: Since the House is still in Republican control, Obama did NOT get a mandate. Spread this news whenever you hear the mandate claim! --bc
Friday, December 7, 2012
Henninger: Obama's Ruinous Course
Labels:
Federal Debt Limit,
fiscal cliff,
negotiations,
Obama,
politics,
spending,
taxes
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