Skip to comments.The Economic Outlook Looks Good, Politics Aside (Huh?)
Posted on 10/22/2013 5:18:44 PM PDT by 2ndDivisionVet
The government re-opened, and there was no default. No surprise. This was the 18th shutdown since 1976, when the current budget procedure was established. The five shutdowns under Jimmy Carter were mostly over major policy issues such as abortion (he was for it) and the construction of a nuclear-fuelled aircraft carrier (he was against it). They averaged 11 days.
The seven shutdowns during Reagans presidency were mostly about money, over which it is easier to split the difference, and averaged two days. Compromise is also easier when the Republican president and the Democratic speaker of the House, Ronald Reagan and Tip ONeill, respectively, share a taste for whiskey and fellowship. So far as we know, Carter did not and Barack Obama does not indulge in either. Nor is either the president or his Tea Party opponents, the latter seemingly intent on losing an opportunity to gain control of the Senate and retain control of the House, inclined to emulate the Reagan-ONeill approach. Although the warmth of the relationship between these two politicians has reportedly been exaggerated, ONeills son was probably broadly correct when he wrote, What both men deplored more than the others political philosophy was stalemate, and a country that was so polarized by ideology and party politics that it could not move forward.
Whatever the cause of the 17 previous shutdowns, whatever their length, the nation survived. Divided government, with one branch checking the other, is the U.S. version of European coalition governments, in which the junior members provide a check on the more outlandish desires of the senior members....
(Excerpt) Read more at weeklystandard.com ...
NINETY MILLION no longer in the labor force and the “The Economic Outlook Looks Good”???? Someone needs a refresher on econ 101!
emulate the Reagan-ONeill approach
The Democrats hated the fact that Reagan ratted them out. He told the truth about their goals and awakened a sleeping economic giant. You could smell the Raw individualism as people believed in America again. the ‘Progressives’ want the products of such a resurgence but do not want the masses believing in economic freedom that is necessary. Mama shoulda told em they can’t have their cake and eat it too.
The Economic Outlook Looks Good, Money Aside.
Bring back American jobs.
Stop buying everything imported.