Such nonsense abounds because Obama's objective in these negotiations is not economic but political: not to solve the debt crisis but to fracture the Republican majority in the House. Get Boehner to cave, pass the tax hike with Democratic votes provided by Minority Leader Nancy Pelosi and let the Republican civil war begin.
It doesn't even matter whether Boehner gets deposed as speaker. Either way, the Republican House would be neutered, giving Obama a free hand to dominate Washington and fashion the entitlement state of his liking.
http://m.washingtonpost.com/opinions/charles-krauthammer-its-nothing-but-a-power-play/2012/12/06/83061050-3fde-11e2-ae43-cf491b837f7b_story.html... time to call Obama's bluff. The real power over spending is in congress. Just say no. I would demand $2 in spending cuts for every $1 in tax hikes THIS YEAR and forget false promises of cuts that are ten years down the road.
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