- CRITTER TALK
- NEWS I FIND INTERESTING
For all the pleasure I’ve taken at all the disarray among the left leaning writers and commenters I’ve read here at MMA and other places, I have been equally dismayed at the total lack of real sense showed by my Republican members of Congress.
One of the many talking points we hear from Republicans is “We need to run government more like a business.” On the surface, that sounds wonderful. Trouble is the people that say this and get elected by saying it have no clue how to run a business.
A good example is the ridiculous demand from republicans for balanced budget amendment to The Constitution as part of any deficit reduction/debt ceiling deal.
The trouble with this is, if there was one, investment in America would halt because the Republicans that have no clue about investment would outlaw bond issues for infrastructure improvements and other projects that create jobs and make America a better place to live and do business. Or perhaps even worse, should we be attacked and need to invade or take expensive military action. A balanced budget amendment would for the most part be dangerous as it would force the Fed to print more money to pay for these things, raising inflation, or forcing Congress into making huge tax increases or taking from Social Security recipients or Veterans and active duty military.
When I see an opportunity I have a line of credit that enables me to take advantage of it. As well as be prepared for unforeseen circumstances. Government needs to have this flexibility also. It’s vital to the economy and national security.
In regards to the debt reduction talks, this is where I believe President Obama is showing too much weakness. While I do believe government spends too much and cuts must be made, President Obama is trying too hard to be conciliatory and not taking a real leadership position.
Obama offered $4 trillion in cuts to Boehner’s $900 billion and the republicans rejected it. Instead of pleading for compromise and softening his position, President Obama should have took a lesson from President Bush on leadership and not only dug in his heels, he should have said on national TV that the first thing cut by Geitner will be Congressional salaries. The democrats would be safe as Harry Reid and Nancy Pelosi are millionaires several times over and could bankroll the entire democratic caucus. Surely they would be generous to their fellow democrats.
But Obama didn’t show steadfast leadership. And that is why these talks are failing. Bush made sure those who opposed his policies understood there would be a price. There is no price for opposing President Obama.