Somebody is an idiot. No, correction there are a lot of idiots in Congress. Why keep making agreement with severe consequences in the hope of reaching a compromise when it didn't work the last few times. This is a failed strategy and just foolish. Republicans are not going to compromise. Before congressional leaders even arrived at the White House yesterday morning, Republican Senate leader Mitch McConnell put out a statement saying: There will be no last-minute back room deal. And as promised, they ended the meeting without any sign of progress. House Speaker John Boehner said the tax hikes President Obama wants won't happen. House speaker Boehner said the discussion about revenue, in my view, is over. It's about taking on the spending problem here in Washington. President Obama flatly ruled out the cuts-only approach that Boehner wants, saying that would be even worse than the sequester. Obama said the majority of the American people agreed with him and his approach including, by the way, a majority of Republicans. We just need Republicans in Congress to catch up with their own party and their country on this, he said.
Now what? What does sequestration look and feel like? Obama said people might not feel the pain right away. It'll start with government workers, teachers, defense contractors, emergency responders. From there, he said it'll spread out to the rest of the economy. And he sounded angry at the suggestion that he's overstating the pain. He states: "It's going to mean hundreds of thousands of jobs lost. That is real. We're not making that up. That's not a scare tactic. That's a fact."
I'll repeat what I blogged last month. You don't have to be a conspiracy theorist to see the Republicans have conspired to make Obama's presidency a failure. The Republicans have found a way to hold the executive office hostage, and they have decided to do it at this unique time in history--when the nation has elected its first black president. Is it race or politics that's handcuffing America? Probably a little or a lot of both. Or maybe the Republicans are extremely far-sighted: They know that if the first black president is (perceived as) a failure, then the likelihood of there ever being another one becomes an extremely remote possibility!