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View Diary: Politico's new myth: It's never easy for House GOP to raise debt ceiling (42 comments)

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  •  We can agree and disagree (3+ / 0-)
    Recommended by:
    MPociask, TexasTom, VClib

    We agree that Republicans now should not be using the debt ceiling as part of a political game.

    Where we disagree is that I don't think the fact that they didn't have as many vote excused Democrats back then who cast the exact same vote.  

    I agree with both the President and Senator Reid -- the Democrats were wrong back then to use a vote to increase the debt ceiling to make a political statement.  By doing that, they legitimized the notion of making the debt ceiling a political issue.  

    If you want to berate Republicans for using the debt ceiling as an opportunity to make a political statement, fine.  But it seems to me that you lose credibility when you build into that argument, "but it was ok when Democrats did it."  You would have more credibility (with me, anyway) if you took the tact of President Obama and Senator Reid -- it was wrong when they did it then, and today they are embarrassed (according to Senator Reid) by that vote.  

    •  Sigh... (5+ / 0-)

      ...I'm not berating the Republicans for making a political statement.  I'm berating them because they are willing to destroy the American economy.

      Until 2009, neither party ever held the debt ceiling hostage in this way.  Full stop.  (And now, Politico is suggesting what the GOP is doing is routine.)

      You're right that we'll have to agree to disagree on this point.

      Either way, it's been a good discussion!

      •  Brother John (0+ / 0-)

        Please stop perpetuating the myth the US Govt is like a household....namely, like all other USERS of a currency, the Govt needs to 'borrow or tax' in order to get money to spend.
        This is fundamentally wrong.  The Gold standard has been over since 1971, the Govt creates the US dollar.  The US Govt is a currency ISSUER.  Its time that you stop helping the right wing by parroting their talking points about the US Govt being 'in debt"

        MMT = Reality
        neweconomicperspectives.org
        http://mythfighter.com/...

        "The Earth is my country and Science my religion" Christiaan Huygens

        by Auburn Parks on Tue May 07, 2013 at 05:16:25 AM PDT

        [ Parent ]

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