I've seen a number of Big Think articles lately seeking to frame the Presidential election of 2012 in grand historical terms without departing much from conventional Beltway Village assumptions. The safely conventional Jonathan Chait has produced one with 2012 or Never New York 02/26/2012.He concludes with a carefully hedged prediction that Obama will win the Presidential race and that the Republican Party will see the wisdom of High Broderism and move back to the moderation that Beltway pundits celebrate endlessly, all the while ignoring how what passes for "moderation" in Washington has moved farther and farther and farther to the right over the last three decades:On the other hand, if they [the Republicans] lose their bid to unseat Obama, they will have mortgaged their future for nothing at all.
Jonathan Chait wants Obama to wait to cut the deficit: Democrats will obtain massively greater leverage after 2012. As I've argued, if Obama refuses to accept another extension of the Bush tax cuts on income over $250,000, then Repu... Read Post
Jonathan Chait, who just a couple days ago was doubting the existence of a grand bargain on the deficit, today comes out with his hair on fire about the grand bargain on the deficit being negotiated in the Senate. Chait goes on to s... Read Post