So whose fault is the recent downgrade? Is it the Tea Party’s as spin masters David Axelrod and John Kerry are expounding? Or is it that crazy old coot in the Senate who was recently waxing poetic about his pomegranate trees or some damn thing?
Reuters outlines how Reid’s political posturing back in December of last year prevented the timely address of the debt ceiling problem:
The reason we’re hitting the debt ceiling, remember, is that the budget passed by both Republicans and Democrats forces us to do so. As a result, the obvious time and place to raise the debt ceiling is when you pass the budget. This isn’t just obvious now, it was obvious then. And the person who thought it was a bad idea? Harry Reid.
Ol’ Harry expressed that very thought back in 2010:
Reid also said that he would like to push off raising the debt ceiling until next year — when Republicans control the House, but that he has not discussed the matter yet with his caucus.
“Let the Republicans have some buy-in on the debt. They’re going to have a majority in the House,” said Reid. “I don’t think it should be when we have a heavily Democratic Senate, heavily Democratic House and a Democratic president.”
Keep in mind, Reid didn’t want the Republicans to join the fun as any kind of gesture of good will or across the aisle ass kissing. No, he simply didn’t want to provide Republicans with another club with which to beat not only Obama, but any other Democrat running for re-election in 2012.
Reuters sums up Reid’s leadership failures as follows:
Forcing a majority-Republican House to vote to raise the debt ceiling might have seemed like a good idea at the time. But it’s not exactly the epitome of leadership. Indeed, it seems to have led the country straight into something which risks being downright catastrophic.
So it seems that President Obama isn’t the only Democrat capably of destroying the economy all by his lonesome. Harry Reid is a close second and coming on strong.
Source: Reuters
This post was last modified on May 5, 2021
View Comments (13)
Get these career politicians out of office. A career politician is a career criminal. Enact term limits and force these animals to live under the laws they create. Make them use the health care they force on us. Make them deal with everything they force on us. That'll make them think twice about their asinine laws.
What's up with the Demtards having Senate majority leaders with the personality of a cactus and wispy thin voices that sound like their testicles are the size of raisins? And what the hell were the people of Nevada thinking putting that old coot back in office? At least South Dakota did the country a huge favor and got rid of Tom Daschole . You're welcome.
You see the guys in the photo?
This dottering old fool needs to retire before he does any more damage!
So does Harry Reid.
What the hell was that mumbling bull about his pomegranate tree? I saw that and couldn't believe that those idiots in Nevada keep voting the mouth breathing moron in, but they do, so they are as stupid as he is.
The Malaise in Chief is making money for the shorts on Wall Street. When the Bernanke speaks tomorrow I expect the market to drop 226 pts. Strange that the S@P 500 was down 6.66% today.
It's just a matter of time till old Plastic Face comes back out of his Cowboy Yodeling closet and starts calling people who don't agree with his sorry, lying socialist ass terrorists again. Who knows, maybe this time we will get lucky and somebody will be kind enough to show his what terrorism really is.
They could have raised ta..., er, implemented a balanced approach to revenue enhancement(which as we now know, would have obviated the need for any spending cuts) back when the Harry & Barry & Nancy Show was the only game in town, but they didn't do that, either. Before the elections of last November they figured they could con the rino squishes into giving them bi-partisan cover so they put if off; when they lost their House majority they still could have done it during the lame duck session, but then they realized they would have to accept all of the responsibility, Progressives have a horror of taking responsibilty for anything, so they played a game of chicken with the Tea Party and lost. Now they seem to believe that if they call conservatives bad names in a loud enough voice they can win the House back and re-elect Obama. They've completely lost it.
Though I agree with your general sentiments. I'm not sure I agree that if the Democrats had raised taxes ("enhanced revenues") when they had a chance it would have obviated the need for spending cuts.
I contend that a tax rate increase during a recession would have resulted in less total revenue for the simple reason that it would have destroyed the economy. That's one of the reasons Dems didn't do it when they were in charge. They are aware (though they pretend otherwise) that when you raise taxes on economic activity you get less activity. They still wanted to raise taxes (they always do), but they wanted to be able to blame the Tea Party for the resulting depression.
The best way to guarantee increased revenues is to increase the number of taxpayers with jobs. But that doesn't fit into the Dem equation.
I was being sarcastic. Only Progressive half-wits believe raising taxes will do anything to solve the government's overspending problem.
Got it.
Reid would be out of his depth in a car park puddle. He as delusions of adequacy.
Always the victim, never at fault. One of the classic characteristics of a sociopath. No bodies buried in the backyard, but dangerous just the same.
These scumbags have the nerve to call themselves "public servants" and name bridges and highways after themselves. Today's political class serve themselves, first and always. In the words of the late Frank Zappa:
You say yer life's a bum deal 'N yer up against the wall...
Well, people, you ain't even got no kinda deal at all
'Cause what they do In Washington
They just takes care of NUMBER ONE
An' NUMBER ONE ain't YOU
You ain't even NUMBER TWO!