The Hill's Blog Briefing Room
This bill has chutzpa written all over it.
excerpts:
- The lawmakers say that the recent debate to raise the ceiling and avoid default had a "disastrous" effect on the U.S economy [ comment: Blaming the S&P downgrade on the budget fight, but the truth is that it was going to happen regardless. If people buy this Democrat line, they are hopelessly gullible.]
- But the bill is unlikely to gain traction, especially in the Republican-controlled House. [ comment: The Dems are going to follow this strategy of introducing bills that won't pass so that they can blame the lack of passage on the Republicans. Politics Schmolitics!]
- Republicans in Congress have shown they are willing to hold the fate of our economy hostage by using the debt ceiling as a political weapon. [ comment: This could only be true if the radical Keynesian ultra deficit spending was actually necessary in order to support the economy. It isn't. In fact, it is hurting the economy. Regardless of whether their claims are true or not, the use of the word "hostage" is designed to produce an emotional effect. It only generates heat, not light. Besides, it has nothing to do with the facts. More Politics Schmoltics!]
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