I'm afraid that Obama has morphed into a Republican. He owes Wall Street.
They will finance his next election.

If he does anything to cut Medicare, Medicaid or Social Security, I will not
support him in the next election.

I might vote Democratic ticket just to keep Romney and Bachmann out but
will forget about the presidency as being a viable working branch of government.

The whole idea of a spending problem is a complete ruse and political football for the Republicans. If there were a government program to add jobs ala FDR, we wouldn't have a spending or revenue problem. The Republicans are holding the country hostage and Obama is blinking.