This Is The Best Deal We Could Get? Part 2
Posted by Kal Vernon on Tuesday, August 2, 2011
Under: debt limit
Earlier this year, during the debate over the budget, the GOP leadership in DC made a deal with
the democrats and told us it was the best they could do. The cuts were
not as big as originally promised, but that's all right. What really
mattered is that republicans could not be blamed for a supposed
government shutdown. Besides, the real fight would be waged during the
debt ceiling debate and the next budget. Well here we are with the debt
ceiling and once again we are told this deal is
the best we could do. The republican leadership is once again acting
because of fear, this time of being blamed for a default on our debt and
a downgrade of the U.S. credit rating. Never mind that the House
passed a bill to deal with the debt ceiling weeks ago while the
democrats did nothing in the Senate. So we have a deal on the debt
ceiling and once again things are not as good as we are told that they
are. Yes the conversation in D.C. moved from spending to cutting, but
there are no real spending cuts in this deal. The cuts are actually
cuts in how fast the spending will increase. Real cuts would require ending baseline budgeting. Also, the joint committee that will be formed later this year is not required
to recommend the deficit reduction we are being told that they will.
To make matters worse, all of this may do nothing to prevent a downgrade
of the U.S. credit rating. And of course the republicans will be
blamed for that despite passing this bill so all of this panicked deal
making will be for nothing. Looking at all of this makes it clear that
the GOP leadership in D.C. is not able to fight
for us. We could primary and replace them, but that would only mean
that the next in line of seniority would take their place. What we need
to do is send as many tea party minded people to D.C. as we can in 2012
so that they will have numbers great enough to select one of their own
as leaders and of course elect a conservative President. Meanwhile, having let us down on the 2011 budget and the
debt ceiling, there is no reason to be optimistic that the Paul Ryan budget will be promoted and fought for. Expect "This Is The Best Deal We Could Get part 3 later this year.
In : debt limit
Tags: "debt limit"