Posts

Showing posts from July, 2011

Funny numbers that aren't so funny

As much as I want to not watch them, I still am drawn to the Sunday morning news talk shows. Today, as can be expected, the top subject is the debt ceiling deadline coming up in just 16 days.

There is always a Democrat and a Republican on there, trying to "not negotiate the deal on TV." I am watching Rep. Chris Van Hollin (D-MD) and Rep. Jim Jordan (R-OH) on Fox News Sunday.

Democrats almost always argue by pointing to the absurdity of the Republicans' stance. The Republicans almost always argue from a heartfelt, pragmatic point of view that the system is f'ing broke and needs to be fixed NOW.

As I listen, I keep thinking that this argument is not congruent. We should remember that just because one can argue convincingly and well, that the argument is not necessarily sound.

I must be a little slow, because, it really just came to me listening to Van Hollin justify raising taxes to match the "framework" (I love that term) of the Clinton years, when everythi…

What have we gotten for $14 Trillion?

As most of you know, the United States federal government's Executive Branch (that is the President's part, for those of you who have recently graduated from public school) is in a fight with the Republicans in Congress to raise our debt limit ceiling. This is a statutory limit on the amount of money that the government is allowed to borrow... the government equivalent of our credit card's credit limit.

At this date (July 13, 2011) the Republicans are hanging tight in their negotiations to disallow an increase in the debt limit until the President and his allies in the Senate agree to cut spending by a significant amount. Also, as of this date, no one knows how it will end up. This debt ceiling increase requirement is not uncommon, but finally the Right has put their foot down to say "No more."

The howlers on the Left claim that it is just posturing so that the "rich" don't have to pay any more in taxes. Funny, how the TEA party is populated by norm…