There's a quote of Obama that is really telling here:
"As I've demonstrated throughout the past several weeks, I am very open to compromise," he said. "But we cannot simply cut our way to prosperity."
Lol. He compromised in his view. Ohhhh kay!
Another thing: he shows that he believes that we can spend our way to prosperity. In a perfect nutshell, there's liberalism for you. Only through the government can prosperity be restored. Only by spending like a drunken sailor can prosperity be restored. These capitalists are just there for window dressing. Whatever they do, doesn't matter at all.
This is why the Republicans lost this round. They accepted his premises when they acknowledged the "fiscal cliff". Now, how in the world can they argue against all the spending? The answer is that they can't and that they won't.
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