Are We Really Going to Do Surgery With An Ax? Really?
We’re all in trouble when I start a sentence with, “… and reasonable people in Congress will find a way get this done…” and the room explodes with laughter.
Because we’re in this mess for lack of a sufficient number of reasonable people. When this soap opera began, there was a standoff between Democrats and Republicans in Congress over how to balance the budget, and with the clock ticking, if they didn’t get agreement it would mean (again) the shutdown of the Federal government.
Since neither side actually wanted to see that happen with an election coming up, they agreed to put it all off until now. They said things would be different because they agreed to come back … with axes.The deal with the devil was that if they couldn’t agree how how to balance the budget, all the Bush tax cuts – some of which helped the middle class and some of which helped the rich – would expire (as the law requires unless they are extended) AND practically everything in the national budget would be chopped by 10%.
They would just start swinging
