California Girl
Rookie
- Oct 8, 2009
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- #21
If the Republican Party were a normal party, it would take advantage of this amazing moment. It is being offered the deal of the century: trillions of dollars in spending cuts in exchange for a few hundred billion dollars of revenue increases.
But to members of this movement, tax levels are everything. Members of this tendency have taken a small piece of economic policy and turned it into a sacred fixation. They are willing to cut education and research to preserve tax expenditures. Manufacturing employment is cratering even as output rises, but members of this movement somehow believe such problems can be addressed so long as they continue to worship their idol.
SOURCE
It is rather amazing to see this playing out in Congress.
The GOP has won the compromise battle but it seems intent on losing the war by forcing the USA to renege on its debt obligations.
We can only imagine the damage this is doing to our longer term reputation in the rest of the economic world.
If you were the national economic advisor of a nation that was currently holding trillions of dollars in US debts, wouldn't you be advising your masters to slowly but surely back off on holding assets in USD debt instruments?
I can only conclude that their real agenda is to destroy the US economy.
I can only conclude this because I cannot believe that they are stupid enough to think this will be good for this nation in the longer run.
Your 'source' doesn't work.
You can 'conclude' anything you like, but unless you make the effort to undertake actual research and apply some critical thought (yea, I know, that requires a non-partisan approach to thought but it does lead to a much more intellectually solid 'conclusion') your 'conclusion' will remain the bullshit that it currently is.