Many people are lamenting the failure of the Congressional supercommittee to come up with an agreement on ways to reduce the runaway federal deficits. But you cannot judge success or failure without knowing what the goal was. If you think the goal was to solve the country’s fiscal crisis, then obviously the supercommittee was a complete failure. But, if you think the goal was to improve the chances of the Obama administration being re-elected in 2012, it was a complete success.
Imagine that there had been no supercommittee in the first place. Who would be blamed for the country’s fiscal crisis? The overwhelmingly Democratic Congress that voted to spend the money that increased the deficits more during the Obama administration than in the eight years of George W. Bush. When the Obama administration’s massive spending spree was going on, Republicans were so hopelessly outnumbered in both houses of Congress that nothing the Congressional Republicans could say or do would have the slightest effect. Even the cleverest political spin-master would have a hard time trying to keep blame from falling on the Obama administration, without the later shift of attention to the debt crisis.
Two things got the blame shifted. The first was the national debt ceiling, which had to be raised, if politicians were not going to be forced to either cut existing programs or shut down the government — neither of which was politically attractive. By the time a vote on raising the national debt ceiling was required, Republicans had gotten control of the House of Representatives.
This meant that the national debt issue was now a bipartisan issue, whereas the spending that drove the national debt up to that national debt ceiling had been a problem strictly for the Democrats. Splitting the blame with the Republicans for what Democrats alone had done was a political victory, in terms of making the Obama administration less vulnerable at the polls in 2012. With the help of the media, the big issue was no longer the big spending that drove the national debt up to the legal ceiling, but the failure of the Republicans to help solve the debt ceiling crisis.