Alas

Hullabaloo

So, at the moment, one could see a [so-called deficit reduction] deal being spun as the White House "compromising" by giving up its Grand Bargain in exchange for only a couple trillion or so in cuts. And one can only presume this means the President believes he will be able to run in 2012 as the fellow who tried to cut Medicare, Medicaid and Social Security but the Republicans wouldn't let him. If he's very clever he can also blame the jobs crisis on their unwillingness to slash spending enough to get this economy rolling.