The whole thing stinks. NOTHING is going to get cut over 10 years. Nothing.
Those pieces of paper, which should have been gold, are a token of honor – your claim upon the energy of the men who produce. Your wallet is your statement of hope that somewhere in the world around you there are men who will not default on that moral principle which is the root of money. ~~Francisco D’Aconia
As always-another sucker deal. This one we won’t survive. The Bully’s still rule the roost in congress.
It’s not a deal, it’s a death pact.
The only interest that mac, the crybaby liar, daddy in seeing a deal pass was that it would extend pass his re-election period.
He had no plan, and no thought except to protect HIMSELF.
HE left all the work up to his will slaves and when it fail it will be their fault because, according to HIM HE had a secret plan, but then again we all know that HIS lips were moving therefor HE was lying.
So basically the GOP caved.
Nobody in DC wants to correlate the rising debt ceiling with declining jobs.
The rising debt ceiling has two consequences....
more regulation ...
to occupy employees in expanding federal bureaucracies...which expand because “they have more money” and another layer of bureaucrats need their 20 year promotions... Each round of regulatory expansion is the effective equivalent of another targeted tax increase on the object of the regulation.
more taxes...
The rising debt ceiling has demands and expectations of creditors for new elements of “revenue raising” by the Feds...taxes or fees.
In this strangling environment job creation is simply NOT possible.
In fact the only logical conclusion..can be ..is that the Federal apparatus -initially an asset to the United States..by virtue of its abilities to raise an effective Navy in the late 1700’s, and early 1800’s to facilitate overseas trade on behalf of the States, has become nothing other than the States greatest liability at this point in time. In the absence of profound regulatory and taxation reform-which is not capable of coming from the same minds that created the problem..we may well be at the end of the line.
For DC to face this fact...means the end of the K St-Congressional Party cycle in DC-the one that keeps repeating “2.4Trillion” as their mantra.
IMHO...the only solution is a 50 state secession from DC at this point...with a completely new “Constitutional Re-Federalization”...
LOL! Urkel gets 2 trillion to dole out to his Union buds IMMEDIATELY who can then funnel billions of dollars back to RAT campaigns while the "spending cuts" are "long-term" which means next year's Congress can ignore starting next year because one year's Congress can not tie the hands of the next year's Congress.