House Republicans will be blamed if a deal isn’t reached on the debt ceiling, and they will be held responsible for the fallout. The White House is looking for every opportunity to blame someone else for the miserable economy — including today’s economic numbers showing we are dangerously close to another recession.
Speaker Boehner recognizes this risk more than anyone, and he is doing everything he can to put together a bill that will get to 218 votes.
The debt crisis is a health spending crisis, plain and simple, and real change will take much longer. Government spending on health-care entitlements will bankrupt this nation unless we reform these programs. And Obamacare’s new entitlement programs will make the problems much, much worse.
We must take the long view and know that the American people want to have confidence that their leaders can govern. Passing the debt ceiling bill in the House will provide that confidence so that conservatives can continue the real work of scaling back government and providing the climate for a prosperous economic future.
Interesting. The last time Keynesian policies were enthusiastically used by a Presidential Administration as an excuse to expand government was that of FDR during the Great Depression. In the middle of the Great Depression (c. 1937), after FDR successfully pushed through Social Security, with its concomitant and other tax increases, we into an "Inception"-like "depression within a depression." Fast forward to today. We have another Presidential Administration enthusiastically adopting Keynesian policies yet again as excuse to expand government, most notably with Obamacare and its concomitant tax increases, and the economy is teetering on the edge of a cliff. I'd say the historical "consensus" that has built up over the years that the New Deal saved the economy is not as airtight as liberal historians would like us all to believe, if one takes the evidence of both then and now into account. Just sayin'.
Reply to this commentLinkReport AbuseUntil we find leaders who are NOT afraid of criticism, we will continue to be run by a group of co-dependent good ol' boys. Boehner worked this deal from day one with Obama, probably laid out to him at a "lunch" in the White House. Kind of like Mack the knife telling him how it's "gonna be". We have to find the Elliot Ness who more than likely is lurking out there, ready to be deputised. Short of that, we careen down the road to REAL default, and it won't be because "Obama said so".
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