Paul Krugman has it exactly right: The President Surrenders. The debt ceiling deal Obama negotiated with the Republican hostage takers is well beyond terrible. And the ransom Obama paid to the GOP is a presidential error beyond comprehension — one that will make today’s bad economy look like fun and games.
What will it do to the poor, the sick, the elderly, the middle class, and the unemployed? I’m way too depressed to discuss it.
Congratulations, Republicans! You’ve got yourself a right-wing Republican President.
Limerick Ode To A Failed Presidency
By Madeleine Begun Kane
Dear Obama, I’ve had it — you’ve failed.
It was time to be strong, but you bailed.
The Dems needed “bold.”
But instead you got rolled.
You’ve undermined all that we hailed.