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Old 07-15-2011, 12:08 PM   #11
TheMercenary
“Hypocrisy: prejudice with a halo”
 
Join Date: Mar 2007
Location: Savannah, Georgia
Posts: 21,393
Quote:
Originally Posted by gvidas View Post
This whole debt ceiling debate is asinine brinksmanship. If (when?) they fuck this one up, it's going to end up costing us way, way more. And, naturally, there has been approximately zero discussion of the role military spending plays in the whole situation.

Nate Silver breaks it down: GOP's no-tax stance is outside political mainstream



He goes on to point out that, if the average Republican voter wants to solve the problem with 26-74% split of tax increases to spending cuts, and the average Democrat wants 46-54%, there's more disparity between Republican voters and Republican politicians, who're refusing to settle for anything less than 0% tax increase / 100% spending cuts (26% difference) than between Republican voters and Democrat voters (20% difference.)

Fareed Zakaria put it nicely the other day on Fresh Air. Paraphrasing, this is a financial problem being debated in ideological, almost fanatical terms. In religion, there are absolutes that it is very hard to find a middle ground between: how do you find a fair compromise between Christianity and Islam?

But this is economics, numbers. You can split the difference.
The Dems ran Congress for quite a number of years now. Completely. When they got Obama into office they really ran up the credit cards, raised taxes, and Rhammed unpopular programs through the Congress that have now broken the bank. In the end, regardless of what happens, they will take ownership for the failure of this economy. Republickins have plenty of blood on their hands, but no one will forget, it has been the Demoncrats who have been in control.
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