Allowing government and its debt to grow massively for another two years insures that the Republicans will have to make even MORE DRACONIAN CUTS if they take control of Congress and White House in 2013.
If the Republican party will be destroyed by administering pain, better it be destroyed RIGHT NOW when there is a chance to save the country.
If the country is destroyed by financial failure, neither major party will be worth a nickel.
There is no middle ground on insolvency.
You stop spending and borrowing immediately when you are this far into massive debt.
What this deal does is acknowledge to the world the problem is insurmountable and virtually assures a violent upheaval in this country when the American financial system inevitably collapses.
Extremely painful cuts need to be made RIGHT NOW to even have a chance to save this country.
Putting off massive cuts for another day continues the same irresponsible behavior by American congresses for the past 75 years.
This deal represents a failure of the American experiment. This is a people who cannot responsibly govern themselves. This is a people living in a fairy-tale-world that is quickly becoming their worst nightmare.