The political process is being stressed to the max as agenda meets reality.
The parties will meet in the White House this evening. Apparently the Democrats are still offering the typical Washington pap of reduced levels of increase in lieu of real cuts in the budget. Billions of cuts accumulated over decades are not going to do the job when a trillion dollars in cuts in the current year would not stop the need for additional borrowing.
WE HAVE BEEN OPERATING WITHOUT A BUDGET ENACTED BY CONGRESS (as required by law) FOR MORE THAN TWO YEARS AND WE ARE BORROWING MORE THAN 40% OF EVERY DOLLAR WE SPEND !! HORSEPUCKY !!
Stop... just stop.
At this point, I think it may be preferrable to not increase the debt ceiling. We have adequate revenues coming into the Treasury to meet obligations on debt and fund truly essential services - and we would have major cuts imposed whether we like it or not politically. Real negotiations would follow.
President Nero is fiddling while the whole country burns. While our salvation, if one still exists, is the restart of our economic engine, this administration continues to be anti-growth and anti-business. Screw the rich agenda politics, anti-domestic energy policies, pandering to unions (whether you favor unions or not - they increase costs and pricing in every instance, by definition) and, for example, opposition to Boeing building significant manufacturing facilities in South Carolina (a right to work state) while not closing any sites in Washington are all examples of how this administration continues to fly this economy into the ground.
I am tired of the partisan talking points from either party. We are all on the Titanic waiting for somebody to show some leadership. I am not hearing what I want to hear from the Republican Presidential candidates yet and I am certainly not hearing what I need to hear from the President or the Democrat leadership in Congress who think we can rearrange the deck chairs to avoid hitting the iceberg. Folks, we have already hit the iceberg. And the recent significant pay increases for the White House staff is not leadership.
There is plenty of blame to go around to both parties - but the relentless blame game against Bush without acceptance of any responsibility is beyond incredible now. Obama is the President and has been since 2008 with total control of both houses of Congress in Democrat hands for two years prior to his election and for the first two years of his administration.
The only mechanism for accountability is the ballot box and the day of judgment is coming on November 6, 2012.
Choose wisely - for a change.
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