I’m beginning to think that, simply by standing pat, the president really is going to dismantle the modern Republican Party. I agree with Jon Chait that Obama isn’t doing this out of meanness or spite, but I think he knows what he is doing and that it is part of his desire to be a transformative president. He wants new revenues because the government needs new revenues to keep its obligations, but he’s presiding over the total crack-up of the GOP and he isn’t lifting a pinkie to help them out of their dilemma.

I think we are witnessing the end days of the Reagan Revolution, and I didn’t really see it coming, even a couple of weeks ago.

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