Wednesday, July 13, 2011

Eric Cantor Takes Bargaining Positions Out of Context, Poisoning The Atmosphere Of Future Negotiations | ThinkProgress

Eric Cantor Takes Bargaining Positions Out of Context, Poisoning The Atmosphere Of Future Negotiations | ThinkProgress: "The cardinal principle of grand bargaining is that “nothing is agreed to until everything is agreed to.” In other words, if you’re going to have a balanced agreement in which Democrats agree to do some things Republicans want in exchange for Republicans agreeing to do things Democrats want, you need to be able to talk about those “things” in a conditional way. For example, I would be willing to index Social Security benefits to the Chained CPI (a small benefit cut) if we also indexed tax brackets to the Chained CPI (a modest tax increase). But that doesn’t mean I’ve “agreed” to index Social Security benefits to the Chained CPI. It’s a bargaining chip.
Eric Cantor who, despite some appearance to the contrary, isn’t too stupid to understand this has decided to pretend not to understand it."

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