The Myth Of The Obama Cave-In | Mother Jones

Debunking The Myth Of The Obama Cave-In
FILE - In this Nov. 14, 2012, file photo, President Barack Obama gestures as he answers a question during a news conference in the East Room of the White House in Washington. When black voters served up 93 percent support for Obama in defiance of predictions that they might sit out the election, black leaders breathed a collective sigh of relief. That freed them to try to leverage a greater share of attention from both Obama and Congress. (AP Photo/Carolyn Kaster, File)
FILE - In this Nov. 14, 2012, file photo, President Barack Obama gestures as he answers a question during a news conference in the East Room of the White House in Washington. When black voters served up 93 percent support for Obama in defiance of predictions that they might sit out the election, black leaders breathed a collective sigh of relief. That freed them to try to leverage a greater share of attention from both Obama and Congress. (AP Photo/Carolyn Kaster, File)

With the "fiscal cliff" looming, the conventional wisdom is that the president capitulated during the last tax cut fight. Here's what really happened.

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