I’ve criticized the Obama campaign for failing to detail much of a vision for a second term. But that’s not to say they don’t have one. They do. It’s just a hard one to campaign on.
After promising in 2008 to bring about a new era of cooperation in Washington, they’re campaigning in 2012 knowing that, if reelected, they will start their second term with a brutal, economy-shaking showdown with Republicans over spending and taxes.
If the Obama administration were to really lay out their plans, they would go something like this. In November, President Obama will reiterate, clearly and firmly, that he will veto any attempts to extend the high-income tax cuts or lift the big, dumb spending cuts without finding equivalent savings elsewhere. In fact, as my colleague Lori Montgomery reports, they’re already reiterating that promise.