◼ it apppears the GOP is on the verge of pulling off a political victory that may be unprecedented in American history. Republicans may succeed in using the threat of a potential outcome that they themselves acknowledged would lead to national catastrophe as leverage to extract enormous concessions from Democrats, without giving up anything of any significance in return - Washington Post
Not only that, but Republicans — in perhaps the most remarkable example of political up-is-downism in recent memory — cast their willingness to dangle the threat of national crisis as a brave and heroic effort they’d undertaken on behalf of the national interest. Only the threat of national crisis could force the immediate spending cuts supposedly necessary to prevent a far more epic crisis later.
Again and again, Dems drew lines in the sand that they promptly erased as the threat of default grew. A clean debt ceiling hike? Dropped. Cuts to Medicare benefits? They’ll likely be in that committee’s crosshairs. The insistence on revenue hikes? Withdrawn.
.... The road that was taken is leading to a deal in which Dems are aggreeing to take huge amounts of money out of the economy when the recovery is shaky at best. It also seems to ensure that Dems will agree to entitlements cuts heading into an election where the GOP was supposed to be deeply vulnerable over their drive to end Medicare as we know it. Dems will promise to salvage victory in the form of “smart” entitlement reform. Maybe so. For now, it appears the GOP is on the verge of a huge and unprecedented victory.
Not only that, but Republicans — in perhaps the most remarkable example of political up-is-downism in recent memory — cast their willingness to dangle the threat of national crisis as a brave and heroic effort they’d undertaken on behalf of the national interest. Only the threat of national crisis could force the immediate spending cuts supposedly necessary to prevent a far more epic crisis later.
Again and again, Dems drew lines in the sand that they promptly erased as the threat of default grew. A clean debt ceiling hike? Dropped. Cuts to Medicare benefits? They’ll likely be in that committee’s crosshairs. The insistence on revenue hikes? Withdrawn.
.... The road that was taken is leading to a deal in which Dems are aggreeing to take huge amounts of money out of the economy when the recovery is shaky at best. It also seems to ensure that Dems will agree to entitlements cuts heading into an election where the GOP was supposed to be deeply vulnerable over their drive to end Medicare as we know it. Dems will promise to salvage victory in the form of “smart” entitlement reform. Maybe so. For now, it appears the GOP is on the verge of a huge and unprecedented victory.
