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Note to Obama: GOP Is Not Interested in Compromise

Anyone surprised by the White House announcement to lift the ban on some offshore oil drilling might be interested in this story, from August 2008: Sen. Barack

Jul 31, 2020
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Anyone surprised by the White House announcementto lift the ban on some offshore oil drilling might be interested in this story, from August 2008:
Sen. Barack Obama today softened his opposition to new offshore drilling, saying in a speech at Michigan State University that he is “willing to consider” allowing additional drilling in a limited number of offshore areas if it helps Congress pass energy legislation.
And that, it seems, is the political calculus behind today’s announcement to expand the spots where offshore drilling will be allowed. But here’s a note to the White House: It’s not working.
Even as environmentalists are screaming bloody murder, GOP leaders are already pouncingon the plan — which would open large expanses of the Atlantic, the Gulf of Mexico and the waters north of Alaska to oil drilling — as too limited in scope. It’s the same type criticism we heard on health care reform (even after Democrats dropped the public option). It’s the same type of criticism we’re hearing on financial reform (even though Democrats have scrapped the stand-alone consumer protection agency). And now we’re hearing it in the energy debate — as if the art of compromise doesn’t involve meeting the other side somewhere in the middle.
If this doesn’t prove the claims that the Republicans have been politically motivated to oppose everything the Democrats propose, nothing will. As an experiment, President Obama should endorse John Boehner for re-election in November. The House minority leader would probably vote for his challenger.
Camilo Wood

Camilo Wood

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Camilo Wood has over two decades of experience as a writer and journalist, specializing in finance and economics. With a degree in Economics and a background in financial research and analysis, Camilo brings a wealth of knowledge and expertise to his writing. Throughout his career, Camilo has contributed to numerous publications, covering a wide range of topics such as global economic trends, investment strategies, and market analysis. His articles are recognized for their insightful analysis and clear explanations, making complex financial concepts accessible to readers. Camilo's experience includes working in roles related to financial reporting, analysis, and commentary, allowing him to provide readers with accurate and trustworthy information. His dedication to journalistic integrity and commitment to delivering high-quality content make him a trusted voice in the fields of finance and journalism.
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