Welcome to the 1987 Debt ceiling comprimise

[Elwar]

Reagan raised the debt ceiling in exchange for promises by democrats for future spending cuts. He never got those cuts.

This deal raises the debt ceiling with promises of future spending cuts. Who wants to bet that when the "super congress" comes back with their cuts, that it will be passed, or worthy of being passed?

The Democrats win again. America loses.

http://www.youtube.com/watch?v=dri0GwbBoIk

[Pericles]

Reagan raised the debt ceiling in exchange for promises by democrats for future spending cuts. He never got those cuts.

This deal raises the debt ceiling with promises of future spending cuts. Who wants to bet that when the "super congress" comes back with their cuts, that it will be passed, or worthy of being passed?

The Democrats win again. America loses.

http://www.youtube.com/watch?v=dri0GwbBoIk
Deja vu all over again. The Republicans fall for it because they want to. Otherwise, real decision, and real conflict takes place. Washington is all about being "agreeable" and "governing" and all of that crap that treats taxpayers like peasants.

The Mandarin class is about to run out of other peoples' money.