Yes the WSJ is not what it used to be. The WSJ is owned by the parent company of Fox News and is an integral part of the Republican entertainment complex. There standards are very questionable. But none of that changes the fact that it took a few words out of context and appears to be misrepresenting those words in order to sell a message. One should always be leery of taking words out of context. Republicans have a long and consistent record of taking President Obama's words out of context and misrepresenting them. The facts are Republicans created the Fiscal Cliff last year when in an unprecedented action they threatened to cause the nation to intentionally default. That action unnecessarily resulted in the partial collapse of the stock markets, slowed economic growth and resulted in a credit downgrade on the nation's debt. It was stupid for the Republicans to threaten the nation with default last year and it was stupid for them to create the Fiscal Cliff we now face. You cannot instill confidence and encourage investment and economic growth when you are facing a catastrophic self-induced fiscal cliff every few months. What is known about the negotiations is this; long ago President Obama set out a fairly detailed plan and campaigned on it. The Republicans have not. The most they have done is to send President Obama a letter with a vague counter offer that was devoid of specifics demanding unspecified spending cuts. If they want more spending cuts, then they should at least be able to name them and provide sufficient detail so as to be meaningful. And they have had nearly a year and a half to avoid the fiscal cliff they created. A few weeks before the edge of the cliff is not the time to begin negotiating. This should have been done a long time ago. Unfortunately this Republican controlled House and consistently failed to keep its commitments. President Obama responded to Boehner’s offer with a counter proposal offering to allow the Bush II tax cuts to expire on income earners up to 400k versus Obama's proposed 250k. And then out of no where Boehner comes out with his Plan B, that makes no sense and he cannot even get it through the House which he leads. Obama has consistently bent over backwards to accommodate Republicans. And it has caused him some mega heartburn with his own party. Republicans have steadfastly refused to make similar accommodations instead preferring to stick to their “principals” regardless of the will of the American people as expressed in the ballot box and in public polling.