Earlier today Congressional Republicans and the President could not agree on any plan to avoid the sequester. So a few hours ago Mr. Obama signed an executive order to implement the across the-board mandatory spending cuts. The four horsemen of the Apocalypse have not yet appeared in the sky.
At a press conference during the day, the President called the sequester “just dumb”. He sounded like a little boy who doesn’t get his way on the playground and says the other kids’ idea is “just dumb”.
Mr. Obama continues to blame Republicans for not compromising. The main problem here is that the President’s definition of “compromise” seems to be to do things his way. I have always thought “compromise” meant that both sides of a dispute give up something. President Obama wants the Republicans to agree to tax increases, but he will not agree to any spending cuts.
The President also says that Republicans offered to close tax loopholes, then withdrew the offer. But that offer was part of the fiscal cliff negotiations in December. After Republicans “compromised” by agreeing to $600 billion in increased tax revenue, their loophole offer was null and void. (http://news.msn.com/politics/fact-check-the-sequester-blame-game ) It would appear that Republicans have already made a contribution to help heal the country’s deficit woes. Now it is time for the President to do a bit of compromising too.