From Krugman's NY Times blog:
Obama, Moderate RepublicanThe above is a bit tongue-in-cheek. But the point is to show how hidebound and intransigent the Republicans are. Obama has bent to the Republican will but not completely caved in, but that isn't good enough. If you are a fanatic, only complete surrender is acceptable.
OK, not exactly. But Nate Silver’s analysis of the budget proposals is a must-read. Nate looks at polling, and extracts the following implied preferences for the mix between tax increases and spending cuts in a debt deal:
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What Obama has offered — and Republicans have refused to accept — is a deal in which less than 20 percent of the deficit reduction comes from new revenues. This puts him slightly to the right of the average Republican voter.
So we learn two things. First, Obama is extraordinarily eager to make concessions. Second, Republicans are incredibly unwilling to take yes for an answer — something for which progressives should be grateful.