Monica Crowley said it correctly when she stated that the burden should have ALWAYS been on Obama and the democrats instead of Boehner and Republicans. Bad leadership, chess or Yahoo! Obama and Reid demonstrated that they were not willing to deal no matter.
What is insane here is that politicians’ spending is the issue that caused this problem and the same politicians are trying to fix this problem and are continuing to spend money. Look at all the money Obama is promising to governments worldwide and his precious groups. Nothing will change if a deal is reached. They are trying to put a band-aid on a machete wound.
The solution is so simple that only those who want to control more money can’t see it.
Our trillion dollar spending deficit is the cause of our debt. Why did we have this trillion dollar deficit in the first place? ANSWER: Because we made the emergency trillion dollar spending in 2009 to calm the markets due to the mortgage meltdown crisis.
The mortgage crisis is OVER. Why the heck are we still baselining our budget based on the anomaly of 2009?
Go back to our 2008 budget baseline -— which is $2.6 TRILLION ( NOT $3.6 trillion ).
Start there and our deficit would be 10 times less than what we have now. In fact, we don’t even have to raise taxes on anyone.