Whose the party of fiscal responsiblity?
BBC NEWS | Business | US debt limit nears $9 trillion
It's nice to see that the Republican party is flexible, capable of change. They seem to have changed quite a bit, from fiscally and socially conservative to free-wheeling with our budget defecit while also seeking to further government interference in private matters. No longer the party of the right, they seem to have become the party of the religious-right. All others need not apply. Rather than advance policies on governing their primary goal is the passing of a social agenda, rending power from the states and quashing individual liberties.
Back to the previous point. I understand that the debt ceiling had to be raised or the government would have defaulted on the t-bills, and the dollar, already so low thanks to low foreign investor confidence, would have sunk lower. My question is, couldn't they see it coming? Couldn't they have planned for this, or at least pushed it off if it was inevitable? The rubber-stamping congress, rather than exercise their Constitutional Duty to provide a check on the Executive, has seen fit to defecit spend rather than refuse to give tax-cuts. That doesn't sound like fiscal conservatism to me. It sounds like ideological, political power-play mumbo jumbo.
War is expensive, and often leads to defecit spending. This current war is costing more than originally estimated and shows no signs of stopping. But the geniuses who run the GOP saw fit to pass massive tax cuts, just when the need for revenue was about to increase in an unpredictable but necessary way.
Fiscal Responsibility My Aunt Fanny!
It's nice to see that the Republican party is flexible, capable of change. They seem to have changed quite a bit, from fiscally and socially conservative to free-wheeling with our budget defecit while also seeking to further government interference in private matters. No longer the party of the right, they seem to have become the party of the religious-right. All others need not apply. Rather than advance policies on governing their primary goal is the passing of a social agenda, rending power from the states and quashing individual liberties.
Back to the previous point. I understand that the debt ceiling had to be raised or the government would have defaulted on the t-bills, and the dollar, already so low thanks to low foreign investor confidence, would have sunk lower. My question is, couldn't they see it coming? Couldn't they have planned for this, or at least pushed it off if it was inevitable? The rubber-stamping congress, rather than exercise their Constitutional Duty to provide a check on the Executive, has seen fit to defecit spend rather than refuse to give tax-cuts. That doesn't sound like fiscal conservatism to me. It sounds like ideological, political power-play mumbo jumbo.
War is expensive, and often leads to defecit spending. This current war is costing more than originally estimated and shows no signs of stopping. But the geniuses who run the GOP saw fit to pass massive tax cuts, just when the need for revenue was about to increase in an unpredictable but necessary way.
Fiscal Responsibility My Aunt Fanny!
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