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The Republican Wreckage - GOP "has pushed the nation to the brink of ruinous default" (NYT)

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jefferson_dem Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 06:43 AM
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The Republican Wreckage - GOP "has pushed the nation to the brink of ruinous default" (NYT)
The Republican Wreckage

House Republicans have lost sight of the country’s welfare. It’s hard to conclude anything else from their latest actions, including the House speaker’s dismissal of President Obama’s plea for compromise Monday night. They have largely succeeded in their campaign to ransom America’s economy for the biggest spending cuts in a generation. They have warped an exercise in paying off current debt into an argument about future spending. Yet, when they win another concession, they walk away.

This increasingly reckless game has pushed the nation to the brink of ruinous default. The Republicans have dimmed the futures of millions of jobless Americans, whose hopes for work grow more out of reach as government job programs are cut and interest rates begin to rise. They have made the federal government a laughingstock around the globe.

In a scathing prime-time television address Monday night, President Obama stepped off the sidelines to tell Americans the House Republicans were threatening a “deep economic crisis” that could send interest rates skyrocketing and hold up Social Security and veterans’ checks. By insisting on a single-minded approach and refusing to negotiate, he said, Republicans were violating the country’s founding principle of compromise.

“How can we ask a student to pay more for college before we ask hedge fund managers to stop paying taxes at a lower rate than their secretaries?” he said, invoking Ronald Reagan’s effort to make everyone pay a fair share and pointing out that his immediate predecessors had to ask for debt-ceiling increases under rules invented by Congress. He urged viewers to demand compromise. “The entire world is watching,” he said.

<SNIP>

We agreed strongly when Mr. Obama said Americans should be “offended” by this display and that they “may have voted for divided government but they didn’t vote for a dysfunctional government.” It’s hard not to conclude now that dysfunction is the Republicans’ goal — even if the cost is unthinkable.

http://www.nytimes.com/2011/07/26/opinion/26tue1.html
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lamp_shade Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 06:57 AM
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1. Highly recommended. Thanks.
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AEEHINRRTTUW Donating Member (36 posts) Send PM | Profile | Ignore Tue Jul-26-11 07:27 AM
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3. Seconded
It is true.
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Dulcinea Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 07:24 AM
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2. The Repubs want Obama to fail more than they want this nation to succeed.
Edited on Tue Jul-26-11 07:24 AM by Dulcinea
It's all about their power: if the black president succeeds, the old white guys lose power.
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MarianJack Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 07:33 AM
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4. They got their marching orders from de facto republican leader...
...rush limbaugh the day Obama took office. "I hope he fails".

As another poster quoted her father saying, they hate their president more than they love their country. Dispicable.

PEACE!
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MadMaddie Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 08:29 PM
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5. don't forget Grover Norquist
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MarianJack Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jul-26-11 09:36 PM
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6. Grover Norquist.
YUCK!

Unfortunately, he is all too hard to forget.

PEACE!
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