The Republicans caused the problem by reducing taxes while embarking on two costly needless wars and increasing spending on their favorite projects. The Republicans refuse to follow the advice of most economists and support more stimulus legislation and bring taxes back to the level they were before the Bush tax cuts. The Republicans created this unnecessary situation by trying to use the debt ceiling as leverage to get what they wanted instead of simply raising the debt ceiling like they did for Bush. They control the house and can block anything in the Senate and didn’t need the leverage. The debt ceiling is not the Democrats debt ceiling, it is the nation’s debt ceiling, yours and mine. The Republicans risked our financial well being through this stupidity. John Boehner said that the Republicans got 98% of what they wanted with the debt ceiling bill as it is, so if the debt ceiling bill isn’t what it could have been, it must be 98% their fault and 2% the fault of the Democrats. Republican intransigence is mostly due to the presence of the Tea Party – old line Republicans would never have let the situation get this bad. Don’t thank the Democrats for your losses, thank the Republicans and the Tea Party. If you voted for them, you deserve what you got.
Republicans and the Tea Party are responsible for the Tea Party Crash
Advertisement
