Skip to content

Keeping it unreal — the debt ceiling

Keeping It Unreal

by digby

Can you see the problem with this characterization? I knew that you could:

Republicans are floating a wide range of major structural reforms that could be attached to the debt limit vote, including statutory spending caps, a balanced budget amendment and a two-thirds vote requirement for tax increases and debt limit increases. Liberals want a “clean” vote to raise the $14.3 trillion borrowing limit.

Those in the center simply hope to find an accord that will prevent the nation from defaulting on its obligations and sending global markets into a tailspin.

“Centrists” just want to stop the insanity, right? Except they don’t. They obviously want what the Republicans want or they would throw their weight behind the Democrats who want what they allegedly want, which is to prevent the nation from defaulting on its obligations. Clearly, they want to use the debt ceiling as an excuse to cut spending too.
Indeed, the fact that the Democrats are going along with this charade means they are on board as well.

Let’s just say this is the phoniest battle since Red Dawn hit the screens.

.

Published inUncategorized