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To: EternalVigilance

I was afraid you might have meant it that way.

My view is that they won something here- though not much.
The bill would have been even worse without them, heck the debt limit would have been raised automatically!
No deal, no debate, business as usual...

I don’t know what more they could have done with their numbers. Even a blank-check ‘clean’ debt ceiling raise could have been passed despite them.

That they’ve come out so well positioned politically, and their enemies not-so-well, is only a bad thing if they lose their message.


43 posted on 08/01/2011 8:35:43 AM PDT by mrsmith
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To: mrsmith

When this debt deal runs out in two years, our privately held national debt will be 9.4+2.5= $11.9T. Assuming there is 2% GDP growth between now and then, our Debt to GDP ratio will be 11.9/14.8= 80%. Economies start to permanently fail when it goes over 90%. If we have a recession (likely) or Obama is reelected (unlikely), with this plan, our economy will start a death spiral.

I appreciate the note of optimism but I don’t think moral victories are enough.


50 posted on 08/01/2011 8:54:56 AM PDT by MontaniSemperLiberi (Moutaineers are Always Free)
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To: mrsmith

Well, except for one thing. We’re on to them. All of them.


51 posted on 08/01/2011 9:20:02 AM PDT by EternalVigilance (The only thing still propping up the GOP is the dwindling illusion that it's at all conservative.)
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