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Politics, Default Style

by on July 21, 2011

Congressional Republicans have a simple, unambiguous – though rarely said – goal in the talks and votes on the debt.

the GOP believe they can destroy the US and global economy and from the wreckage ensure Obama is not re-elected. That is their sole true guiding principle. They terrify me.

Andrew Sullivan’s view, which is very good, is that

Obama has essentially won the argument but not yet the fight. Today’s ABC News poll shows that 62 percent believe we need a mixture of tax hikes and spending cuts to deal with the debt, compared with only 32 percent wanting spending cuts alone. By far the most popular specific measure for tackling the debt is ending the Bush tax cuts for those earning over $250,000 a year – with a whopping 72 percent support. Its only near rivals are more Medicare and social security means-testing for wealthy retirees. 77 percent think the GOP has been too unwilling to compromise, compared with 58 percent who say the same of Obama. If this were a boxing match in the world of ideas, it would already have been won.

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From → Economy, US Politics

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