Obama has made his opening bid in ongoing negotiations to avoid the package of tax increases and spending cuts known as the fiscal cliff.
So Obama's opening offer is: Fuck you. Forget about a "balanced approach". Increase taxes now, and
maybe we can talk about cutting spending next year. No promises, mind you. It's somewhat reminisent of Michael Corleone:
“My offer is this, nothing. Not even the money for the gaming license, which I would appreciate if you would put up personally.”
Clearly Obama believes the Republicans will get the blame if we "go over the cliff" and feels no need to negotiate. So much for bi-partisanship in his second term. So much for the "balanced approach" he talked about during the campaign. He is setting the stage for another 4 years of vitriol and hate in Washington in the hopes that it will benefit him politically.
I read an article with an excellent suggestion on how Republicans should handle this issue: Pass Simpson/Bowles
I think the Simpson/Bowles idea is a good one. It would allow all sides to save face and represents real compromise. Not that I think Obama has any interest whatsoever in compromise or even in avoiding the fiscal cliff. But passing Simpson/Bowles might just put him on the defensive and force him to do the right thing.
The alternative, is the "let it burn" strategy:
Which is what will probably happen, since it only requires that our government do what it does best: jack shit.