The road to ruin
Daniel Henninger writes about Obama’s Ruinous Course
Where in his career did Barack Obama ever learn the art of the political deal? Nowhere.
Bear in mind as we spend the holidays on this precipice, that the “fiscal cliff” wasn’t born yesterday. It crawled out of its crypt in late 2011, after the Republican leadership and Mr. Obama—the deficit-reduction “super committee”—failed to negotiate essentially the same deal they are failing to get done now.
The inability of this Congress and this president to compromise on anything, now or at any time in the past four years, is itself a problem worthy of some thought.
Here’s one thought: The main reason there isn’t, and may never be, a solution on the fiscal cliff is that Barack Obama doesn’t know how to do a political compromise. Where in his career did Barack Obama ever learn the art of the political deal? Nowhere.
Read the whole thing.
And, by the way, as I see it, we went over the fiscal cliff with the first “stimulus.”