As we know, President Obama and his team do not appear to be very effective negotiators when it comes to dealing with the Republicans in Congress. Last December, the Republicans forced the president to renew the Bush tax cuts for the rich. More recently, they got him to make $38 billion in cuts to the 2011 budget even though all his economists know that the economy actually needs more stimulus, which more means spending.
Since the president is having so much trouble dealing with the Republicans, the rest of us should lend him a hand. One way we can do this is by etching out what the end game looks like in the battle over raising the debt ceiling.
As it stands now, we are being told that the Republicans are insisting that there will be no increase in the debt ceiling without large cuts to the budget. Since the Republicans won't go along with any major cuts to the military budget, this means big cuts to the rest of the budget.
3 comments:
Hope the Republicans prevail. Democrat's giveaway socialism, doing for others what they should do for themselves, is costing way too much money with spectacularly poor results.
The war on poverty has increased poverty; national standards on education has seen our country fall farther behind the rest of the world in educating the next generation; and, government regulation of business and finance has caused a significant increase in unemployment and an out of control economy.
10:57 well said.
Let's not kid ourselves here. Any cuts will be token cuts. The debt ceiling will be raised. We will borrow more money. We will continue to feed the industrial military complex by raiding soveriegn nations and controlling who their leaders are because, after all, we know what's best for them. Don't lose sight of the fact that politicians, by and large, are liars. They care more for the future of the party than they do for the nation and the people. This is a dog and pony show. Just watch and you will see.
Post a Comment