Or will the president give in to Republican hostage-takers’ demands on the debt limit, just like he did on tax cuts last year?
Paul Krugman writes:
According to Harry Reid, the Senate majority leader, Mr. Obama has told Democrats not to draw any “line in the sand” in debt negotiations. Well, count me among those who find this strategy completely baffling. At some point — and sooner rather than later — the president has to draw a line. Otherwise, he might as well move out of the White House, and hand the keys over to the Tea Party.
Obama’s stance is indeed troubling.