It’s not just a bad deal, this is really an insulting deal… Robert E. Lee was offered easier terms at Appomattox and he lost the Civil War. The Democrats won by 3% of the vote and they did not hold the House. Republicans won the House. So this is not exactly unconditional surrender, but that’s what the administration is asking of Republicans.
There not only are no cuts in this, there’s an increase in new spending with a stimulus – this is almost unheard of. I mean, what do they expect? They obviously expect the Republicans will cave on everything. I think Republican ought to simply walk away. The president is the president, he’s the leader.
They are demanding that Republicans explain all the cuts that they want to make. We had that movie a year and a half ago where Paul Ryan presented a budget, a serious real budget with real cuts. Obama was supposed to give a speech in which he would respond with a counter offer and what did he do? He gave a speech where he had Ryan sitting in the front row, he called the Ryan proposal un-American and insulted him, offered nothing and ran on Mediscare in the next 18 months. And they expect Republicans are going to do this again?
The Republicans are going to walk on this and I think they have leverage. Yes, for congressional Democrats it will help them in the future if Republicans absorb the blame because we’re going to have a recession. But Obama’s not running again unlike the congressional Democrats. He’s going to have a recession, 9% unemployment, 2 million more unemployed, and a second term that’s going to be a ruin. That is not a good proposition if you’re Barack Obama.
Former Speaker of the House Newt Gingrich said Wednesday that House Republicans should stop negotiating with President Barack Obama and congressional Democrats on the fiscal cliff, saying that by doing so, they give Obama all of the leverage in the talks.
“One of the things I would say to House Republicans is to get a grip,” Gingrich said in a speech at the Ronald Reagan Presidential Library in Simi Valley, Calif.
“They are the majority. They’re not the minority,” he said, enunciating the words as if explaining the concept to someone who did not understand it. “They don’t need to cave in to Obama; they don’t need to form a ‘Surrender Caucus.’”
...He also addressed the recent focus on Grover Norquist and his no-raising taxes pledge, which some Republicans have abandoned in recent weeks, calling it a “distraction.”
“I give Obama great credit for this. I have never seen anybody better at finding trivial distractions in order to avoid responsibility,” Gingrich said.
... The best thing to do is back out of this and let Obama and the Democrats have it and do what they gotta do. 'Cause that's gonna happen anyway. I don't know about you, but I don't want my fingerprints on this.
Obama has yet to make any serious offer -- a "balanced" offer, using his terminology -- and Republicans need to just walk away. Obama created the fiscal cliff; he created sequestration; he made his bed. Let him lie in it.