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View Diary: Krugman On The Proposed Deal (341 comments)

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  •  SS Benefit cuts - And that's what chained CPI is - (5+ / 0-)

    will backfire on Democrats, not Republicans.

    The 2014 campaign ads will be:
     "Congressman X (D) voted to CUT Social Security."

    If Obama holds out, the Republicans will either consent to tax cuts on the over $250,000 housefolds, or they'll get the blame for higher taxes on everybody.
    If Obama caves, nobody is going to stand in line for hours to vote for Democrats again.

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