AttaBoyBoehner – Joel Rossol
July 26 | Posted by mrossol | Economics, Obama, The Left, US DebtNot a bad perspective for a young man [of whom I’m proud]. (emphasis, his)
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If Obama REALLY THINKS we are going to stumble into disaster should the debt limit not be rasied… then it seems to me that as a leader… the impetus is on him given he is largely responsible for getting us into this mess. But he cares too much about raising taxes to do the right thing. That is the shocking thing here…. not Republicans ‘throwing democrats a bone’. Remember Simpsons-Bowels? He told us all he was going to appoint a commission to fix the debt problem… and then promptly ignored it (probably) because it didn’t call for massive tax increases – thereby going counter to an ideological position he wasn’t willing to compromise on anyway. Its Obama’s fixation with raising taxes (in the midst of a double-dip) on the rich that is the roadblock here. Why should Republicans compromise on a plan that will make everything worse?
The only reason we are in this crazed position is because the president has been lying about what will happen if we reach our debt limit. All we are talking about here is a de-facto balanced budget amendment. We will not default (unless Obama prioritizes OTHER payments ahead of debt payments… in violation of the 14th amendment). This is pure fear-mongering going on here… and the media is just repeating and racheting up the levels of fear. I guess to put it another way: if our government can’t live within its means… if it can’t function on the highest national revenues ever captured in human history… without needing to borrow trillions of dollars a year… than we’ve got much bigger problems on our hands… and raising the debt limit only pushes THAT problem down the road (and that problem is a much bigger problem than a slight downgrade from Moodys).
And what exactly did Obama supposedly ‘offer’ in terms of medicare… Means-testing and higher taxes? Oh, so the rich will pay more and get less. Talk about a spineless political maneuver. This isn’t even a structural change… its just cutting a few hundred thousand off the rolls. In short, Obama isn’t willing to compromise on structural entitlement reform. That’s why Republicans aren’t budging.
The only way to avert disaster is to cut spending. PERIOD. Thank God Republicans are finally putting a line in the sand on this issue… because its the only way we avert this coming disaster. Maybe they aren’t doing enough to communicate the truth of the situation… which is a valid criticism… but to call them child-ish for picking the better of two bad options is a bit harsh in my opinion.
As I like to say on Twitter: #attaboyBoehner
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