"Every proposal I've laid out tonight is the kind that's been supported by Democrats and Republicans
Mehdi Hasan on Mike Lofgren's revealing account.
US President has embarked on a three day tour of Midwestern states.
Only 58.1 per cent of the US population is in work, the lowest level since 1983.
The President is keeping it low-key as the focus moves to the next potential crisis: jobs.
This package of measures will compromise growth and push the US economy back into recession.
Obama's "deal" isn't a compromise. It's capitulation. And there were alternatives.
The President is staying firmly on the sidelines, in the face of another potential financial crisis.