I don't know how anyone can disagree with this assessment. Well, if you wanted to quibble, I suppose you could say arrogant could be more appropriate than cocky. Either way, it's clear the White House is willing to risk another recession rather than give in on the high end tax rate increases. It's also clear to me that cockiness comes from the belief that President Obama's re-election was a validation of the class warfare/socialism agenda that he ran on.

But the NYT reporter here is right; if that self-assurance dumps the economy back into a deep recession it will be the Obama Double Dip. But whether he gets tagged with it is doubtful, thanks to her and others in the MSM.