Time
Republicans’ Debt Ceiling Charade Is Downright Dangerous
By Joe Klein Thursday, July 28, 2011
Let us not put too fine a point on it: Thursday’s House vote on Speaker John Boehner’s debt ceiling proposal is a joke. If it passes the House, Harry Reid has said it is dead on arrival in the Senate. If it somehow passes the Senate, which it won’t, President Obama will veto it. It is, therefore, a symbolic act that is wasting precious time. It follows last week’s Republican theatrics, the passage of the Cut and Demolish Act (or whatever they called it), which also was a waste of time. These are the actions of a party that has completely lost track of reality–and of a leader, John Boehner, who has lost the support of his party.
And so I have a proposal: the Cut the Crap Act.
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But the President also seems absolutely intent on forcing this issue because the Republicans have used the debt ceiling weapon to upend the traditional balance of power in Washington. It is the ultimate nuclear option, creating a bigger bang than abuse of the filibuster in the Senate. If this Republican ploy succeeds, this nuclear option can be deployed again on other issues–surgical nuclear strikes directed at the funding of individual government programs and agencies. (Indeed, if she were less scrupulous, Pelosi could have used a debt ceiling vote to force President Bush to defund the war in Iraq.)
And so, here we are. Our nation’s economy and international reputation as the world’s presiding grownup has already been badly damaged. It is a self-inflicted wound of monumental stupidity. I am usually willing to acknowledge that Democrats can be as silly, and hidebound, as Republicans–but not this time. There is zero equivalence here. The vast majority of Democrats have been more than reasonable, more than willing to accept cuts in some of their most valued programs. Given the chance, there was the likelihood that they would have surrendered their most powerful weapon in next year’s election–a Mediscare campaign–by agreeing to some necessary long-term reforms in that program. The President, remarkably, proposed raising the age of eligibility for Medicare to 67.
The Republicans have been willing to concede nothing. Their stand means higher interest rates, fewer jobs created and more destroyed, a general weakening of this country’s standing in the world. Osama bin Laden, if he were still alive, could not have come up with a more clever strategy for strangling our nation.
Read more:
http://swampland.time.com/2011/07/28/republicans-dangerous-debt-ceiling-charade/#ixzz1TTh9ASyq_______________
"There is zero equivalence here". It's about time that was recognized.