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Thursday, November 7, 2013

"Obama Is A Moderate Republican," Paul Krugman

Obama, Moderate Republican

OK, not exactly. But Nate Silver’s analysis of the budget proposals is a must-read. Nate looks at polling, and extracts the following implied preferences for the mix between tax increases and spending cuts in a debt deal:
What Obama has offered — and Republicans have refused to accept — is a deal in which less than 20 percent of the deficit reduction comes from new revenues. This puts him slightly to the right of the average Republican voter.
So we learn two things. First, Obama is extraordinarily eager to make concessions. Second, Republicans are incredibly unwilling to take yes for an answer — something for which progressives should be grateful.

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