Obama is willing to take the nation over the fiscal cliff. Hell, he wants to go over the cliff.
Republican Rep. Steve King predicted that President Barack Obama will get what he wants out of the fiscal cliff negotiations because he is willing to go over the cliff, and that Republicans would have to be willing to call his bluff to have any leverage.
“I think Barack Obama has nothing to lose from hitting the fiscal cliff, going off the fiscal cliff,” King told The Daily Caller in an interview after Florida Sen. Marco Rubio spoke Saturday night at a fundraiser for Gov. Terry Branstad.
“I think he’ll drive the hardest of bargains because he’s happy to see they Bush tax brackets go up. He’s happy to see the death tax go up to 55 percent. That fits his class envy.”
If Obama is willing and even desirous of going over the cliff, either way, taxes will be increased on high earners. There is no way in which to avoid it. Going over the cliff, however, will result in an economic crash landing and recession that the media will dutifully blame on Republican intransigence.
Therefore, Boehner should submit a bill with the tax increases Obama wants and get whatever he can in return. He should allow vulnerable Republicans to vote against the bill and assign enough safe Republicans to vote “present” to allow the Democrats to pass it.
If Republicans resist, they will simply be blamed for the coming Obama caused disaster protecting him to do even more damage later on. It is time to give him what he wants and let him own it.