Again, from Congress we have smoke and mirrors. In theory this “crisis” came about because we need to raise the debt ceiling. Many deficit peacocks were worried about the deficit. So, they decided that the best thing to do would be to hold the economy hostage. Stupid parameters which are not related to real economic growth or job creation were placed in the way (for every dollar the debt ceiling is raised, we’ve cut the deficit by the same amount). Not one progressive was able to make a decent case throughout this months-long debate. The president’s “hit and run” strategy was a total failure. The president would make a speech with several excellent points, but didn’t follow up that speech with subsequent speeches around the country. Remember when the president had those great talking points about Republicans standing up for private jets and tax cuts for the rich? Where were those comments the last couple of days/weeks? Who stood up for the American people? The American people depend on Medicare, Medicaid and Social Security. These programs make up the backbone of our safety net. I’m sorry, I just did not see President Obama or other progressives in the House or Senate stand up and make a thoughtful case. This went on day after day, week after week. Yet, from the other side of the aisle, Republicans hammered their simplistic talking points. We’re spending too much. We have a spending problem. We heard this garbage over and over again.
I have no idea how this thing going to play out over the next 24/48 hours. I’ve called on the president to use the 14th amendment. After using the 14th amendment, he must submit legislation to Congress to eliminate the debt ceiling. If Congress wants to save money, holding our economy hostage is not the way to do it. Stop appropriating money. Congress has a line-item veto. They have the ability to save money. They have the ability to shut down programs.
The last several weeks have made me sick to my stomach. There is no real leadership in Washington. The president has simply been going along to get along. Democrats in both the House and the Senate have been toothless and spineless. It is almost as if we have no core values. There’s only been one obscure House member who has a name we can’t pronounce (Raúl Grijalva) who’s been standing up for the American people and our core values. Default is not an option. Flushing our safety net down the toilet so that multimillionaires can get larger tax breaks and more corporate jets is obscene.
What are your thoughts?