Today the Senate will pass the debt-ceiling bill and later President Obama will sign it. That is appropriate because (despite what you may read in the New York Times), Obama is the hands-down winner in this epic.
The fact is this whole debacle, in the popular mind, has turned Obama from a liberal into a moderate, and the Republicans from free-market rationalists into economic vandals.
The fact is Obama has emerged from this crisis as a reborn centrist. He sat back and played the defender of the federal government’s popular entitlement programs. The success of his approach reflected the paradoxical mood of a public that wants to reduce the deficit but not cut welfare.
This crisis gives us an idea of what the 2012 election will look like: Obama the centrist vs. a Republican candidate in hock to a Tea Party that forced the nation to the economic brink.
And by the way just think of what Obama will be up against in 2012. Romney is an opportunist and Palin is irrelevant.
Is Obama the big winner in the debt crisis debate?
What do you think?