The danger of government by slogans

Discussion in 'Politics' started by Chris, Jul 29, 2011.

  1. Chris
    Offline

    Chris Gold Member

    Joined:
    May 30, 2008
    Messages:
    23,154
    Thanks Received:
    1,958
    Trophy Points:
    205
    Location:
    Virginia
    Ratings:
    +2,089
    This weekend's actions in Congress, as members of the House and Senate wrangle with the debt ceiling and with each other, will be difficult to watch. Both the debt crisis and the political breakdown surrounding it are unsettling for all Americans. Not only must the debt ceiling be raised, but the political crisis must abate enough to reassure global financial markets that the United States will always honor its debts and obligations.

    This is the overwhelming consensus of economists, and the stated aim of President Obama and the leaders of both parties in Congress. The roadblock throughout the process has been the refusal of some House Republicans to consider any increase in the debt ceiling, and the take-it-or-leave-it insistence of others on tying their support to wholly unrealistic demands. This is not only unconscionable, but deeply confusing to everyone watching the debate because it paints the issue in false and misleading terms.

    It is not correct to say, as so many Tea Party denizens do, that raising the debt ceiling gives anyone, least of all the president, “a blank check.’’ Raising the debt ceiling allows the government to sell bonds to pay for expenses already budgeted by Congress. It does not increase spending. It does not promote more borrowing. If the government spends less it will borrow less, no matter how high the debt ceiling. Refusing to raise the debt ceiling is not, as some Tea Party leaders present it, like declining to take out a new credit card; it’s more like taking a pair of scissors to the credit card you already have and ignoring the unpaid balance. This doesn’t just fail to solve the problem; it makes it vastly worse by destroying your credit rating and ensuring higher interest rates for existing bills.

    Debt battle reveals danger of government by slogans - The Boston Globe
     
  2. BDBoop
    Offline

    BDBoop BANNED

    Joined:
    Jul 20, 2011
    Messages:
    35,385
    Thanks Received:
    4,996
    Trophy Points:
    0
    Location:
    Don't harsh my zen, Jen!
    Ratings:
    +5,006
    Yeah. The board I came here from, many people commented that I seem to have changed over the past month. I wasn't my normal sunny self. Gee. Could it be that I was having the mother of all freakouts over our country being driven off a cliff by a bunch of deranged lunatics?
     
  3. Full-Auto
    Offline

    Full-Auto Gold Member

    Joined:
    Jun 13, 2009
    Messages:
    13,555
    Thanks Received:
    1,614
    Trophy Points:
    153
    Ratings:
    +1,615
    Just think of any cut as extreme and you will feel better.
     
  4. skookerasbil
    Offline

    skookerasbil Gold Member

    Joined:
    Aug 6, 2009
    Messages:
    24,214
    Thanks Received:
    2,913
    Trophy Points:
    290
    Location:
    Not the middle of nowhere
    Ratings:
    +6,220

    You should head back to the old site sweets..........the left is getting their clocks cleaned over on this board. It is stupid funny how much the dynamic has changed around here over the past 24 months or so.........and to watch the deranged lunatics winning so handily!!!:boobies::boobies::boobies::coffee:
     
  5. Richard-H
    Offline

    Richard-H Gold Member

    Joined:
    Aug 19, 2008
    Messages:
    2,285
    Thanks Received:
    385
    Trophy Points:
    130
    Ratings:
    +510
    Do you always hallucinate so?
     
  6. Grampa Murked U
    Offline

    Grampa Murked U Diamond Member

    Joined:
    Jun 13, 2011
    Messages:
    47,573
    Thanks Received:
    8,782
    Trophy Points:
    2,055
    Location:
    Kansas City
    Ratings:
    +23,804
    Chris after your last 2 strike out threads this is your last chance to make it big. Goodluck
     
  7. Grampa Murked U
    Offline

    Grampa Murked U Diamond Member

    Joined:
    Jun 13, 2011
    Messages:
    47,573
    Thanks Received:
    8,782
    Trophy Points:
    2,055
    Location:
    Kansas City
    Ratings:
    +23,804
    YEaaaaaaaaa, cause your sig doesnt scream im a party partisan hack that believes in conspiricies of any ridiculous nature..... Nope, your completely normal...... by wacko standards anyhow :cuckoo:
     
  8. hortysir
    Offline

    hortysir In Memorial of 47

    Joined:
    Apr 30, 2010
    Messages:
    20,459
    Thanks Received:
    4,027
    Trophy Points:
    270
    Location:
    Lakeland, FL
    Ratings:
    +6,296
    *yawn*
     

Share This Page