Tuesday, August 02, 2011

Too cynical? No, not cynical enough.

During the weeks leading up to today's budget resolution, President Obama consistently argued for a "balanced" proposal--one that included new revenues in the form of loophole closings and/or tax increases. Despite not getting that, the President commented on the resolution as if he still could:
It's an important first step to ensuring that as a nation we live within our means, yet it also allows us to keep making key investments in things like education and research that lead to new jobs and assures that we're not cutting too abruptly while the economy's still fragile.
These words convey and promote a positive perception of the resolution. The perception matters more than the final scorecard, it seems. That "we're not cutting too abruptly" is a matter of controlling perceptions. Obama himself seems to say as much:
The uncertainty surrounding the raising of the debt ceiling for both businesses and consumers has been unsettling, and just one more impediment to the full recovery that we need, and it was something we could have avoided entirely.
The tireless debate in Washington aided and abetted in media coverage generated uncertainty and pessimism among portions of the population; credit rating agencies, in a bid for relevance, threatened further economic consequences should debate continue; their assigning a less desired letter would lead to interest rates rising and so forth by those who agreed that credit ratings matter. Economics is discourse: signs are adjusted based on agreement among power holders. How much is too much? Whatever they say is too much.

Back in the White House Rose Garden, the President attempts to retain his supporters by claiming that, despite the immediate line-in-the-sand address he made on prime time television last week, the real fight is still ahead:
I've said it before, I'll say it again, we can't balance the budget on the backs of the very people who have borne the brunt of this recession. Everyone has to chip in. It's only fair. That's the principle I'll be fighting for in the next phase.
This phrasing, balancing on the backs of so-and-so, is a metaphor conjuring an image that jives with the image everybody has of themselves: That they bear a burden, a cross, and are hard working. And being recognized for burden-bearing is sometimes better than being relieved of that burden. Obama signals his sympathy through this recognition. The urge to return that sympathy can be powerful: "He's doing the best he can!"