Posted on 02/14/2014 2:49:52 PM PST by jimbo123
To those who think the world can be easily divided into two large boxes labeled "right" and "wrong," this week's vote on raising the debt ceiling in Congress was a no-brainer. They would refuse to raise it unless they got massive budget cuts that would virtually shut down economic growth and be incredibly unpopular - even with conservatives, such as slashing military spending.
To adults like Sen. John Cornyn who realize that this is not a good option, that flirting with national default could have ruinous financial consequences, the issue isn't so simple.
So Cornyn and Senate Minority Leader Mitch McConnell voted to break the filibuster against raising the debt ceiling that was led by the other Texas senator, Ted Cruz.
(Excerpt) Read more at beaumontenterprise.com ...
“massive budget cuts that would virtually shut down economic growth”
Lost me right there. The author clearly buys into discredited Keynesian economics. In reality, smaller government = more economic freedom = more economic growth.
Simple math can prove it as can History.
If you have to borrow money to pay your debts, aren’t you already in default?
If those cowards had the testicular fortitude of a tit mouse, they could repeal Obama care, defund the farm bill, cut welfare spending by a third, defund a whole realm of boondoggle programs that benefit only the operators of said programs and on and on and on. Instead the Socialist Repubs join with the fascist socialists and hand over a no limit blank check.
Cornyn and McConnell actually got other RINOs to vote with them so that that Senate leadership was not the only 5 Republican votes to get it to 60.
“...unless they got massive budget cuts that would virtually shut down economic growth...”
The Keynesians are still in power, and their stupidity retains the gargantuan proportions that have been the hallmark for years.
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