I agree entirely with Peter Suderman.
Andrew Biggs agrees with me.
Ed Morrissey disagrees. One of his implicit questions, I take it, is: If President Obama is re-elected in 2012 and isn’t interested in any entitlement reform conservatives find palatable, then what? Answer: Then we’ve lost. His suggestion that standing for “bold” entitlement reform will help Republicans defeat Obama in 2012 is at least counter-intuitive. Remember: Not even self-described conservative voters are sold on such reform.