“Insulting.” That is what conservative columnist Charles Krauthammer termed Obama’s “plan” to prevent the federal government from falling over the fiscal cliff. But to the Old Media establishment, Obama’s insulting plan lacking in specifics was a brilliant “strategic move” that will force Republicans to “offer a counter proposal”–despite the fact that, going back to Paul Ryan’s Road Map, the GOP is the only side offering many specifics in this debate thus far.
Before Election Day, President Obama made vague comments about implementing 2.5 dollars in cuts for every dollar of spending increases, but he never really clarified what that meant in real terms, never saying exactly what he would cut. But at least before the election he gave lip service to cuts. This week, though, now that he is safely re-elected, he sent Treasury Secretary Tim Geithner to the GOP leadership to offer a plan that had no specifics, no cuts, and huge spending hikes.
Even worse, Obama wants another stimulus of $50 billion!