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2012: The Big Suck (2011 Review, 2012 Outlook); entered at 2011-12-29 11:37:13

Chillpariah
Posts: 49
Registered: 2010-10-30

Congrats on another good year for you Karl, including release of your book!

One question/quibble over the issue of continuing resolutions:

Quote:

Remember too that the House and Senate both have permitted "Continuing Resolutions" to run the government now for two years. This was agreed to by both Houses, ergo, it's both of their fault and those claiming otherwise are liars.

What is the problem with operating on continuing resolutions? Essentially this means that government spending is frozen, right? GOP can claim "victory" because they have stopped the increase in government spending, and Democrats can claim "victory" because they prevented a reduction in government spending. "Points" to the GOP since they can claim the Senate hasn't passed a budget (although thats really irrelevant since it would be a waste of time given the House).

I still contend GOP/Tea Party strategy should allow the debt limit to be raised to something like $20T; and then campaign and run on getting fiscal house, using that $20T as the limit, and putting through necessary reforms... and not going past $20T. Thus, explaining that once we hit $20T the budget will be balanced.

As a voter I would buy into this approach rather than the current, lame, approach the GOP/Tea Party takes... in which there doesn't appear to be any limit to the debt ceiling as long as they pretend that cutting our projected debt from $30T to 29T is useful.

(Edit to add)
Politicians should be forced to name what they think the national debt level should be, and forced to stand by that number. I can't even remember if this question has been asked during the GOP debates.

Is this because they wouldn't find any donors to their campaigns if there was a balanced budget?

Last modified: 2011-12-29 11:39:20 by chillpariah

2011-12-29 11:37:13


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