Monday, August 1, 2011

Debt Deal Kicks Democrats to the Curb

See George Condon, at National Journal, "Obama Hurt By Debt Debate." Condon suggests that extending the debt ceiling until 2013 is actually a victory for Obama. But a quick skim around the progressive blogosphere indicates how badly the left got beaten up on this deal. Kos has this, for example, with no upside: "Getting rid of Bush tax cuts ... won't happen." (At Memeorandum.)

Republicans are winning.

But see Bruce Kesler, who argues it's more of the same: "Debt Deal: New Demoralization and New Sobriety." And similar points on offer from Josh Barro, "Debt Ceiling Deal—Less Than Meets the Eye."