Don’t ya think? I’m
not usually in so rarely in the position of defending Obama, so I’m sort of detached from this morning’s outrage (my blood pressure’s fine, for a change). Steve Benen came to the same conclusion I did: It’s just not that bad.
Krugman: Not as bad as expected, still not worth it.
Atrios: Deal is much stronger for jobs than anyone expected.
Ezra Klein: Something for everyone, something to annoy everyone. He also says it was a meaningful compromise, a breakthrough of sorts.
Matt Yglesias: The real tax-cut sellout was two years ago.
I was talking to one well-known writer-activist last night who said he thought it was odd that the UI extension was being “shrugged off” by so many. I agree. I think a lot of the online bloggery outrage is being fueled by people who don’t have a visceral understanding of what it’s like to be at the end of your financial rope. (Class matters.)
With this president, with these Republicans, at this time, I think this is approximately as good as it can get. There will be changes before the deal is approved (it would be swell, for instance, if Bernie Sanders held out for the 99ers), but this is about what it’ll look like.
And for the people who can breathe, knowing they can survive for another 13 months, that’s a good thing.
Now let’s see how much better (or worse) our half-assed Congress can make it. The payroll tax holiday? A real sand trap for Social Security. Let’s see how far it gets.