Politically ill have to slightly disagree. Political theatre has ended. Our government is Shutdown. Its having real impact on millions of people and spreading to the broader economy. If the debt ceiling is breached, which actually is a possibility for some insane reason, it would guarantee a worldwide calamity. Im going to assume here that ultimately they do resolve the dent ceiling, but this shutdown is a huge ongoing problem. In order for Democrats to get Republicans to even fund it at already draconian sequester levels they want Obamacare delayed or ended....and states have already signed up tens of thousands of people each. So the Republican position is "defund a program that became law, was upheld by a conservative leaning Supreme Court, while Obama wins relection by 5million votes over someone who ran directly on repealing it, and while kicking Americans off of the first chance at affordable health insurance...people with cancer and such included." i know how people want to take the easy way out and blame both parties but this is not the case here. If John Boehner would bring clean bills to the floor to end the shutdown and increase the debt ceiling, they would PASS with all Democratic votes and a few Republican votes...but he wont even bring it up for a vote because they want something in return for "allowing" the Unites States government to function. They are a confused !eadership that have no actual ideas anymore, and even though more Democratic votes were cast in the House the Republicans gerrymandered the districts and retained a majority, effectively PARALYZING Obama with a less productive than Harry Trumans Do Nothing Congress. The guy was never given a chance from day one, as Republican leaders made it their top priority to make him a one term prez....oops. So now they are tanking his Presidency and the rest of us with it. Just scream about our too big government and overspending even though factually we are taking in a very low tax percentage historically compared to GDP, and as our spending levels as a percentage of GDP are less then Germany and other countries, and as our deficit continues to fall at a record pace. Spending is investment, and those investments lower the debt faster over time via the money multiplier. We had our best decades after WorldWar2 cuz we borrowed our asses off creating amazing demand that powered the most impressive economic engine of alltime. Pur economy needs fuel, not cuts and threats of default! Arrrggh lol.
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Cotton & Western Mining Inc. (CWRN) Stock Research Links
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Category: MarketsTotal Views: 264 By : EditorUpdated: 05-31-2024
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Category: StocksTotal Views: 292 By : EditorUpdated: 05-31-2024
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Category: EconomyTotal Views: 306 By : EditorUpdated: 05-31-2024
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