Obama and the Democrats win:
1. Phony cuts. Spending will still increase significantly every single year in sight. There will be hardly any change in the anticipated budgets for the next couple of years so that incumbents can still trade pork for votes and campaign financing.
Moody’s and the other ratings agencies say the cuts, even including the ones from the committee, are not nearly enough and that they will be downgrading us — as they should. Tell me, why is the mainstream media so silent and unconcerned about real downgrades as a result of our deep structural problems, which are an order of magnitude more serious than any downgrade from a short term debt ceiling problem?
2. Then, later this year, we have a choice of a) tax increases that will surely come from the phony committee or b) unreasonable and dangerously deep cuts in defense and security spending.
The establishment Republicans win because they will point at this phony bill and claim they are holding the line.
Politics as usual wins. The country loses. We are still on the suicidal path of becoming Greece.
Good informative, post, bobk333!
Thank you...well stated...and the trend remains downward as we know.
Somehow people thing we are going to survive this til the election...I’m having grave concern this will not be the case...
International upheaval and positioning is running at breakneck speed....what happens if Iran raises the bar even higher...if Korea’s famine esculates and the Bozo there lays down the Nuclear threat again. Not to mention Russia on the move with the ME. and China’s activities worldwide.
I think these will continue and Obama will not raise a hand to it all until he has to....and by then we’ll be so weakened there won’t be a hand to raise high enough.
Obama was planning to bypass the house on this measure and sign a treaty with some country with the Dim budget in it and kick it to the Senate.