How Obama blew the debt ceiling negotiations


Yesterday Obama agreed to a deal with Speaker Boehner that included $800 billion in new revenue.  Democrats had a hissy fit so Obama added another $400 billion in new revenue and demanded that the Republicans swallow the deal.

They refused.  Obama got angry and had a public hissy fit at a news conference that will make it extremely difficult for him to reach any agreement with Republicans.  Speaker Boehner has indicated that he will only negotiate with Senate leaders at this point.

What Obama has done is destroy trust making it difficult for him to persuade others to do a deal with him.

I suspect that he has very little experience in high stakes negotiations and his actions seem to confirm my suspicion.  He seems to think he can dictate a deal to both sides.  That is why he had the problem with the Democrats on Thursday and the Republicans on Friday.  He is just not a skilled negotiator.

I suspect that we will get a deal close to what McConnell suggested, but with more cuts.  We will then have another election over the size of government like we had in 2010.  That is bad news for Obama and the Democrats.

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