SMRs and AMRs

Saturday, December 24, 2011

Obama comes out ahead in 2011

By Ezra Klein,
WashPost
Friday, December 23, 8:41 PM

Politically, this has been, in many ways, a bad year for the White House, as a quick look at the polls will show. Economically, it’s been rough, as a look at the jobs numbers will show. But as far as the administration’s bitter, high-stakes negotiations with the Republicans in Congress go, it’s really been a surprisingly good year for the White House.

Thursday’s payroll tax-cut deal concludes the last of the four major negotiations of 2011. The first was in February, when Congress needed to fund the government or risk a shutdown. The next was in August, when Congress needed to raise the debt ceiling. Then there was the “supercommittee.” And, then, finally, the expiration of the payroll tax cut and unemployment insurance.

These negotiations were ugly. Their endgames were alarming displays of Washington’s polarization and dysfunction. They drove the approval ratings of both President Obama and Congress to new lows. But, in terms of the substantive concessions the two parties have won for themselves, the fact of the matter is that the White House begins 2012 in a very, very strong position. Much stronger than most would have expected at the beginning of this year. And not always through any fault of its own.

For starters, the government did not shut down — not once — and the deal Democrats cut to keep it from shutting down ended up being a nothingburger. The $38.5 billion in cuts ended up being more like $20 billion to $25 billion, with less than $400 million falling in 2011.

(More here.)

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