I think we have to admit that McCain does bare some resemblance to Smeagol.
I think the problem with the Tea Partiers is that they see it as being their way or nothing. I understand their perspective and conviction but I think the issue is that they want to do it ALL at once. No compromise, every vote they make must include everything they think has to be done for the next 20 years of government. I think the problem is if we do it their way the whole economy is going to come crashing down. People compl
I think the Tea Party is upset that no one is actually cutting anything though. It's not like this is a legitimate plan that either side is presenting that puts us on a path to a balanced budget. Both plans don't even come close to balancing the budget within 10 years and still ad tons of money to the deficit and even the cuts that they do make are years down the road when there's no guarantee they happen. Personally, I'm a huge advocate for cuts. Even though I am a pure federalist and advocate any downsizi
by Anonymous Coward writes:
on Thursday July 28, 2011 @11:45AM (#36909102)
It is completely impossible to get a balanced budget amendment in before August 2. You do realize you need three-fourths of state legislatures to vote it in, too, right? This is aside from whether or not it's a good idea (economists differ on this point, I don't really know either way).
I'd like it if we as a nation had the discipline to keep spending low when the economy was doing well so that we could reasonably run with a deficit when we need to, but "save up for the future when things are going well" doesn't seem to jive with our national spirit.
They don't need to balance the budget by August 2, they need to raise the debt ceiling. The debt ceiling is a legislated limit saying "this is how much we're allowed to borrow, not a penny more".
The debate isn't whether the debt ceiling needs to be raised. Everybody but the tea baggers knows that it needs to be raised, and August 2 is merely the deadline for getting the legislation passed in time for it to pass through the channels it needs to in order to be signed into law. The debate is about how they're
Smeagol (Score:5, Insightful)
Re: (Score:2)
Re:Smeagol (Score:0)
It is completely impossible to get a balanced budget amendment in before August 2. You do realize you need three-fourths of state legislatures to vote it in, too, right? This is aside from whether or not it's a good idea (economists differ on this point, I don't really know either way).
I'd like it if we as a nation had the discipline to keep spending low when the economy was doing well so that we could reasonably run with a deficit when we need to, but "save up for the future when things are going well" doesn't seem to jive with our national spirit.
Re: (Score:2)
They don't need to balance the budget by August 2, they need to raise the debt ceiling. The debt ceiling is a legislated limit saying "this is how much we're allowed to borrow, not a penny more".
The debate isn't whether the debt ceiling needs to be raised. Everybody but the tea baggers knows that it needs to be raised, and August 2 is merely the deadline for getting the legislation passed in time for it to pass through the channels it needs to in order to be signed into law. The debate is about how they're