Yesterday’s meeting between the President and Congress on the pending debt ceiling crisis is already well-known for its tense flare-up between Obama and Rep. Eric Cantor. But the Democrats are already hard at work trying to spin this in their favor, even as the President says his stance on the matter could cost him the presidency.
Via Fox News:
“The fact that Moody’s put the United States on its watch list and may downgrade our AAA bond rating underscores the danger for those who would hold our economy and jobs hostage to a rigid ideological agenda — instead of acting in the best interests of our country,” said Rep. Chris Van Hollen, the top Democrat on the House Budget Committee.
“Playing Russian roulette with full faith and credit of the United States is reckless and irresponsible,” he said.
This mess, just like the mortgage mess which led to the financial markets meltdown, which led to TARP and the Non-Stimulus, is directly attributable to the actions of the Democrats. For almost 800 days both Congressional and Senate Democrats have been negligent in their fiscal duties by not presenting any type of budget. Instead, they have been the ones who have been ideologically opposed to doing anything to help the nation out of its financial and economic doldrums. By not even passing a budget during the last year they had full control of both chambers of Congress, they created the conditions that have led to the debt ceiling mess. Even worse, when the Ryan Budget was unveiled, the Democrats reviled it rather than accept it as a starting point for budget negotiations as a responsible adult would do.
The obvious answer is to get rid of all those not helping in the budget process, let alone the debt ceiling mess. Replace them with those who take the business of the country more seriously, no matter to what political party they may belong.