MaxShimba
Platinum Member
- Apr 11, 2008
- 36,008
- 4,093
Obama is Already Two Steps Ahead of Republicans on the Debt Ceiling
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Before the Republican congressional leadership had a chance to utter a word about the debt ceiling, the president said,
But we cant simply cut our way to prosperity. Cutting spending has to go hand-in-hand with further reforms to our tax code so that the wealthiest corporations and individuals cant take advantage of loopholes and deductions that arent available to most Americans. And we cant keep cutting things like basic research and new technology and still expect to succeed in a 21st century economy. So were going to have to continue to move forward in deficit reduction, but we have to do it in a balanced way, making sure that we are growing even as we get a handle on our spending.
Now, one last point I want to make while I will negotiate over many things, I will not have another debate with this Congress over whether or not they should pay the bills that theyve already racked up through the laws that they passed. Let me repeat: We cant not pay bills that weve already incurred. If Congress refuses to give the United States government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic far worse than the impact of a fiscal cliff.
snip//
The president has public support, the better message, organization, and plan. Obama is running circles around the Republicans while dysfunction, disagreement, and chaos have paralyzed their party. Republicans will bluster about letting the nation default, but no one believes for a second that the big money interests who really run the party will ever let that happen.
Congressional Republicans have demonstrated repeatedly that they dont have the stomach to carry out their threats.A much wiser President Obama has learned to ignore the rights empty threats while exploiting the fragmented disorganization of their caucus.
While Republicans are trying to dig themselves out of their fiscal cliff hole, Obama is digging in for another win on the debt ceiling.
snip//
Before the Republican congressional leadership had a chance to utter a word about the debt ceiling, the president said,
But we cant simply cut our way to prosperity. Cutting spending has to go hand-in-hand with further reforms to our tax code so that the wealthiest corporations and individuals cant take advantage of loopholes and deductions that arent available to most Americans. And we cant keep cutting things like basic research and new technology and still expect to succeed in a 21st century economy. So were going to have to continue to move forward in deficit reduction, but we have to do it in a balanced way, making sure that we are growing even as we get a handle on our spending.
Now, one last point I want to make while I will negotiate over many things, I will not have another debate with this Congress over whether or not they should pay the bills that theyve already racked up through the laws that they passed. Let me repeat: We cant not pay bills that weve already incurred. If Congress refuses to give the United States government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic far worse than the impact of a fiscal cliff.
snip//
The president has public support, the better message, organization, and plan. Obama is running circles around the Republicans while dysfunction, disagreement, and chaos have paralyzed their party. Republicans will bluster about letting the nation default, but no one believes for a second that the big money interests who really run the party will ever let that happen.
Congressional Republicans have demonstrated repeatedly that they dont have the stomach to carry out their threats.A much wiser President Obama has learned to ignore the rights empty threats while exploiting the fragmented disorganization of their caucus.
While Republicans are trying to dig themselves out of their fiscal cliff hole, Obama is digging in for another win on the debt ceiling.
