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August 02, 2011 10:32 PM UTC

The Debt Ceiling Deal and Liberal Angst

  • 22 Comments
  • by: Colorado Pols

The debt ceiling deal was one of those classic “compromises” where people like to say it’s fair because both sides are unhappy. Whether or not that philosophical bargaining nonsense is true or not, it’s fair to say that both conservatives and liberals are not overly pleased with the deal. But as Time magazine’s Swampland blog (yeah, we hadn’t heard of it before, either) explains, the deal isn’t so bad for liberals:

In a world where the Tea Party didn’t exist, would this be a good bill for Democrats? Absolutely not. But considering that the trigger, commission, two-step process and discretionary budget cuts could’ve been a LOT worse – and actually were in Boehner’s version of the bill – this deal will be easier to swallow. The commission will likely mean a long-term win for Democrats: they’ll get either their revenue increases or achieve significant Pentagon cuts. It could mark a political victory as well: If Pelosi passes this bill on primarily Democratic support, they’ll look like the adults in the room who can compromise and govern, a stark contrast to the Tea Party freshmen. [Pols emphasis]

The “Swampland” piece makes some interesting points about why the deal is good if you are a liberal politico, but it’s last last part that we’ve been discussing here for weeks. The big political picture is that Republicans allowed the process to play out in a manner in which they seemed willing to sacrifice the financial health of the country over partisan ideology. As we’ve always said in this space, voters want their elected officials to lead and make actual decisions, whether they completely agree with them or not.

Comments

22 thoughts on “The Debt Ceiling Deal and Liberal Angst

  1. happening as a better alternative to a stick in the eye almost never properly account for the fact that the stick in the eye was 1) hypothetical, and 2) unnecessary.

    False choices don’t make bad choices better . . .

  2. Could it be that Wall St

    a)  has realized that no more bailouts?

    b) though their baliouts worked (see GM, Chrysler, AIG, Bear Stearns, BOA, and etc) for the  US TReasury,, not so much.

    c) The Street knows that this is just the start of the gov’t default, not the end

    d) surfs up.

  3. Ok, well maybe just worth a bitter chuckle or two.  Follow the link to a debt ceiling comic strip that pretty much sums it up.

    From The Business Insider

    With the Senate finally voting this afternoon to raise the debt ceiling, enough time has probably elapsed for us to start laughing about the absurdist tragedy that played out in Washington D.C. over the last couple months.

    http://www.businessinsider.com

  4. I can’t remember his name…I think he was running for office in JeffCo.   But he was verbose.

    @PRS.  I don’t wish to continue this discussion because my focus is on strategy and tactics.  FYI, I have attempted, unsuccessfully, to see if OFA is going to be more responsive to the base.  They are not, IMHO.

    Denver Dems are well meaning and inept.

    If I had a phrase to describe the current batch of dems, it would be “Learned helplessness.”

    So the best I can do is to continue to poke holes in the smugness and hope that someone with some influence finally begins to design an effective response.  

    Does Pat Skyer (spelling?) read this blog?

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