I absolutely agree with the op-ed.
However, as much of a threat as this strategy is:
1) This ain't 1996. In 1996 the looming bankruptcy of the US was, even by contemporary reckoning, 20 years away. It is now 15 years later from that point and everyone sees the wolf at the door.
2) The TEA party was spawned because people recognize just how insane spending has become. Many who birthed that organization did so because Obama shocked them with his Stimulus bill though he ran against Bush's $300BN/year deficits. That extra trillion in spending has since become an annual feature.
3) ObamaCare is still synonomous with "expensive bullshit that only powermongers wanted".
4) Obama is Carter, not Clinton. Clinton knew when to shut-up and walk away from the liberal agenda to secure his personal agenda of getting re-elected. Carter is a true believer. Obama is a true believer and he is his own god.
5) WaPo and CNN believed Obama when he campaigned on fiscal responsibility. That is why they gave him a pass on Rev Wright and his neophyte narcissism. Today they are eviscerating his proposed budget.
6) The GOP didn't have as many alternative news venues at its disposal. While talk radio brought us 1994 the innerwebz have eroded the MSMs stranglehold all the more, RE: the race card has been exhausted; libs may use it but it has failed to shield Obama from genuine criticism.
7) Nobody in the dem ranks was talking about a primary to Clinton's re-election bid. Even if such a challenge never materializes in 2012 Obama is still weaker for it. Their ranks are too muddled and disorganized. Even DU cannot decide whether to punish heresy or close ranks against Dread Queen of the Undead, Sarah.
I give Obama a low to moderate probability to affect his strategy hinged upon MSM reception of his budget. The next week will be crucial especially once GOP proposals begin to surface. If the MSM reports, "Yeah the GOP plan sucks but Obama gave them the room to do it" then 2012 is ours to lose.
My second caveat is whether Americans accept cuts to their personal entitlements. That is the true danger here but again, everyone sees the wolf at the door and it growls in Mandarin.