Obama Loses Credibility

over the debt deal:

In his East Room address in July concerning the debt ceiling negotiations, Mr. Obama blamed “a significant number of Republicans in Congress (who) are insisting on a cuts-only approach.” As we now know, this was not the reason the negotiations failed. While some Republicans may have wanted such an agreement, their leadership was prepared to agree to some $800 billion in higher taxes. In any event, it wasn’t the cuts-only crowd that balked; it was the president. Railing at the GOP wasn’t a smart move; petulance does not become the Commander in Chief. In the end, both Mr. Obama and Congress suffered a decline in approval ratings.

As Americans learn the truth of this failed effort, they may start to question other aspects of the White House narrative. They may wonder whether the president blocked the Keystone XL pipeline out of safety concerns or to appease environmentalists whose support he needs, or whether Obamacare will in fact slow the rise in healthcare costs. They may even begin to question whether millionaires and billionaires actually pay less in taxes than their secretaries. Losing credibility is a terrible thing; on the other hand, Mr. Obama’s loss may be the country’s gain.

Let’s hope.

“Obama loses credibility” is an evergreen headline. Or should be.

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