I’m guessing that no matter what President Carebear says today, he is going to concede ground to the GOP, you know as a pre-negotiating cave-in, so you know, to show everyone that he is the adult in the room and whatnot. It’s work so well for him before, too.
I mean, Jeebus, he’s starting from the Cat Food Commission which already was dead in the water, so there is not much surprise here.
UPDATE 1: Crooks and Liars has the livestream and transcript; they will have the video up soon.
UPDATE 2: it was a great speech, but as always, the deeds matter more than the words. I want to see some follow-up, so I’m not holding my breath.
UPDATE 3: Krugman
weighs in, and he’s right: “I should probably say, I could live with this as an end result. If this becomes the left pole, and the center is halfway between this and Ryan, then no — better to pursue the zero option of just doing nothing and letting the Bush tax cuts as a whole expire.”