"When we look back on this period a decade or two from now, I think we’ll identify this moment the president’s decision about how to approach the budget battle of 2012 as the last real opportunity we had for a gradual bipartisan course correction. That option now seems closed off, and it is up to Republicans to decide if the alternative is to march off the fiscal cliff in order to avoid political risks or to propose a gradual course correction to voters and make the case for why it is sensible, responsible, and essential. Neither of these options would be easy. But one of them would be both difficult and irresponsible, while the other would be difficult and right," - Yuval Levin.

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