If you’re a hockey fan, you’re probably pretty irritated that the National Hockey League’s owners and players still haven’t reached a deal on a new collective bargaining agreement, and thus the 2012-2013 season remains in limbo. You also probably know that negotiations got off to a rough start after the owners, who are presumed to have the upper hand, made a rather insulting initial offer to the players.
Well, the Obama administration must’ve stolen a page from the NHL owners’ negotiating playbook. Last week, Treasury Secretary Tim Geithner—playing the role of NHL Commissioner Gary Bettman—delivered to congressional Republicans the president’s opening proposal to avert the so-called “fiscal cliff.”
The proposal’s reported contents were too extreme for the GOP, and they should insult anyone who gives a fig about the federal government’s unsustainable budgetary path.
Here are the details as reported by the Wall Street Journal:
In case there was any doubt remaining, this administration has zero intention of trying to get the federal government’s finances in order. Zero.
The only good news is that the president’s extreme opening proposal is going nowhere, which the administration apparently expected.
The polls show that Republicans will get most of the blame if Washington goes over the fiscal cliff. If that does happen—and I still don’t think it will—the president will be the guiltier party for having passed up a chance to be a genuine leader (as the pundits like to say), in exchange for scoring some political points with his base.
This work by Cato Institute is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License.
NEW TIME Today, at 9:30 AM PT: Get the Market Movements in Advance: William's Edge Webinar for December 19th, 2014 | John Ransom
In Other News: New Captain America Will be Black; Racist Liberals Suddenly Become Fans | Michael Schaus