Commentary Magazine


Contentions

Obama Will Be Biggest Loser

Making predictions can be a perilous undertaking, but here are a few as the debt ceiling debate moves toward its denouement.

An agreement will be reached before the August 2 deadline. It won’t be ideal by any means — but all told it will be seen, and rightly so, as a substantive win for the GOP. Republicans will have outmaneuvered the president and his party, securing an agreement without tax increases, that includes some cuts, and creates a new precedent that spending restraint must accompany an increase in the debt ceiling.

The president will have emerged from this episode significantly damaged. He will be viewed as far more impotent than he was at the outset of negotiations. His limitations as a negotiator will have been exposed. The distrust among Obama and congressional Democrats will have increased. And Obama’s effort to portray himself as a mature, unifying and bi-partisan figure — which was at the core of his appeal in 2008 — will have received a crushing blow.

Congressional Republicans will not emerge from the debt ceiling negotiations unscathed; no individual or institution that has been associated with it could. But when we look back on this drama six months from now, the biggest loser of all will be America’s 44th president. And very few people predicted that at the outset  of the negotiations.


Join the discussion…

Are you a subscriber? Log in to comment »

Not a subscriber? Join the discussion today, subscribe to Commentary »





Welcome to Commentary Magazine.
We hope you enjoy your visit.
As a visitor to our site, you are allowed 8 free articles this month.
This is your first of 8 free articles.

If you are already a digital subscriber, log in here »

Print subscriber? For free access to the website and iPad, register here »

To subscribe, click here to see our subscription offers »

Please note this is an advertisement skip this ad
Clearly, you have a passion for ideas.
Subscribe today for unlimited digital access to the publication that shapes the minds of the people who shape our world.
Get for just
YOU HAVE READ OF 8 FREE ARTICLES THIS MONTH.
FOR JUST
YOU HAVE READ OF 8 FREE ARTICLES THIS MONTH.
FOR JUST
Welcome to Commentary Magazine.
We hope you enjoy your visit.
As a visitor, you are allowed 8 free articles.
This is your first article.
You have read of 8 free articles this month.
YOU HAVE READ 8 OF 8
FREE ARTICLES THIS MONTH.
for full access to
CommentaryMagazine.com
INCLUDES FULL ACCESS TO:
Digital subscriber?
Print subscriber? Get free access »
Call to subscribe: 1-800-829-6270
You can also subscribe
on your computer at
CommentaryMagazine.com.
LOG IN WITH YOUR
COMMENTARY MAGAZINE ID
Don't have a CommentaryMagazine.com log in?
CREATE A COMMENTARY
LOG IN ID
Enter you email address and password below. A confirmation email will be sent to the email address that you provide.