The Motley Fool Discussion Boards
Politics & Current Events / Political Asylum
|Subject: Re: Don't negotiate with liars||Date: 12/13/2012 4:05 PM|
|Author: TheDope1||Number: 1844753 of 2006430|
Those are the key issues from the Democrats side. On the GOP side it's spending cuts. I suppose Obama can refuse to negotiate, but he'll take everyone over the cliff if he does. At least he'll have his tax increases on the rich along with everyone else. He'll need the additional short term revenue to deal with a tanking economy if that happens.
What's lost in all this is how the government actually functions.
Obama isn't a king. He can't walk down to the treasury and dispenses pieces of gold at his leisure. CONGRESS holds the power of the purse. So when Obama asks for control over the nation's debt limit he should be laughed at. It's a complete non-starter that doesn't merit serious attention.
That one is set aside. Where liberals and people who pretend to be Republicans have blown it is in recognizing what we're trying to accomplish here: long term stability from a financial point of view. There is no "winning" and "losing" this issue outside of the determination of whether or not the United States will be able to pay its bills and service its debt obligations.
Obama can crow about winning all he wants but the bottom line is this: He's the damn President of the United States. Stop campaigning and show some leadership. That means stopping with the "proposals" that only close $80 billion/year out of a $1 trillion/year problem.
|Copyright 1996-2015 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us|