It's incredible to listen to Wonderboy's comments in his increasingly-frequent public appearances which indicate he's in denial about his responsibility for the current debt limit problem.
Speaking as if some unnamed third party embarked on the orgy of borrowing and spending which the First Rookie led since his election, he now complains that Republicans won't just raise taxes and the debt limit so he can continue to destroy the American economy.
Hasn't it occurred to people, especially Wonderboy, that if he hadn't demanded the stimulus, the health care bill and other activities which have swelled federal spending to 24% of GDP, we wouldn't need to be raising the debt limit?
Personally, as I wrote in this post last Sunday on my companion business blog, it could well be that a temporary default would be a good thing if it leads to permanently-reduced federal spending and borrowing.
On that theme, I find the Senate's floating of the concept of a 'Super Congress' of a dozen members drawn from the two parties and each chamber, equally, to wrestle with spending and debt problems, to be the height of both arrogance and evasion of responsibility.
I think American voters are tiring of so many important fiscal decisions taking place among a few legislators behind closed doors. If I were cynical, I'd suggest this Super Congress is an attempt to freeze out the influence of the Tea Party movement.
Of course, one wonders if it's even Constitutional. For sure, it's yet another sign that our elected Congress members can't seem to just do their job, and look to endlessly pass the buck to various Commissions, study groups, committees and such.
I know all about the military base-closing commission. But this isn't something relatively tangential as that was. This topic- spending and borrowing to fund it- is now central to the American economy and national politics and government.
Allowing 12 people, out of 535, to decide how to do that, is to effectively nullify the other 523. It's wrong and cowardly.
Sunday, July 24, 2011
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