Rumblings are that Obama wants this badly in the lame duck session this fall and that the lack of action to date may be intentional. I can definitely see Pelosi and Reid stampeding the Dems over a cliff on this post-election, "But it will pay off the national debt in seven years! The voters will love you for it, they want someone to DO something about the debt!" Should be abudantly clear to everyone by now that the Obama Administration and the present Congress simply lack the intellectual capacity to even begin to comprehend the destructive nature of their favored policies. Not predicting passage, just sayin'.
I'm not at all sure that Obama wants a second term. He's gotten just about everything he wanted and it has failed miserably and the failures will mount as his new legislation comes on line in future years. Has anyone told the emporer that he has no clothes? Doubt it or at least I doubt that he's really understood the point, or that he ever will. Ego driven narcissist that he appears to be I'd imagine his coping mechanism will, if it hasn't already, lead him to believe that he's simply too big for the office he holds and that the rabble simply are not sufficiently enlightened so as to truly appreciate his greatness. Will Obama admit defeat? That he was wrong? That his policy failures are probably the worst in the history of the republic? Voluntarily take his beating at the polls? Doubt it. A lot. If his polls are as bad as I suspect they'll be in '12 he'll declare victory and walk.