Sponsored Content

Intermarkets' Privacy Policy

Donate to Ace of Spades HQ!

Recent Entries
Absent Friends
moon_over_vermont 2023
westminsterdogshow 2023
Ann Wilson(Empire1) 2022
Dave In Texas 2022
Jesse in D.C. 2022
OregonMuse 2022
redc1c4 2021
Tami 2021
Chavez the Hugo 2020
Ibguy 2020
Rickl 2019
Joffen 2014
AoSHQ Writers Group
A site for members of the Horde to post their stories seeking beta readers, editing help, brainstorming, and story ideas. Also to share links to potential publishing outlets, writing help sites, and videos posting tips to get published. Contact OrangeEnt for info:
maildrop62 at proton dot me
Cutting The Cord And Email Security
Moron Meet-Ups

Gallup: Perry Moves Into Second, In Statistical Tie With Romney | Main | My Last Word (Probably) To Gabe
July 27, 2011

A Vote Against Boehner's Plan is a Vote for Reid's

Drew's right, below, about a lot of things. He's right that it would be nice to see cuts in the $100+ billion range and I'd like to see them this year. He's right that the out year cuts are iffy and therefore not reliable. He's right that the debt ceiling is absolutely going to be raised. And so he's absolutely wrong to oppose Boehner's plan. A vote against Boehner's plan is a vote for Reid's plan.

I know that's hard to hear, but it's the truth. Drew writes a lot of things below. What he doesn't write is how opposing Boehner is going to translate into a victory for conservatives rather than a victory for Obama. Even Drew admits that Cut, Cap, and Balance isn't happening while Democrats control the Senate (although he strangely then takes Boehner to task for not cutting as much as the Ryan budget, which also got shot down by the Democrats in the Senate). So what's the alternative?

There seems to be two trains of thought on an alternative. The first, is to claim that failing to raise the debt ceiling won't be that bad. These folks admit some checks will go out, some won't, but it won't be that bad. They concede the U.S. AAA rating will be lost, but that'll be okay too because it's not like the world has anywhere else to borrow money from. Let's just grant their premise for the sake of argument. Okay, supposing that it turns out that running into the debt ceiling doesn't cause much of a problem, why in the world do you believe that this result is going to lead to Cut, Cap, & Balance and the Balanced Budget Amendment? What makes you think that having had a thorough demonstration that federal spending isn't in crisis, America will decide that the conservative goal of cutting federal spending is the way to go? The logic fails.

Second, there are those who admit that the loss of the AAA rating and disruption in federal spending will be a bad thing for the economy. That it will have substantial negative impact on people's lives, not just in the short-term, but in the long-term as the U.S. has to earn back its AAA rating. That by failing to pay its bills on time, the U.S. will bring down the economy its been sucking dry through taxes. States, expecting federal transfers, will find themselves without expected moneys. Federal vendors and contractors, expecting payment for services rendered, will also find themselves unpaid for a time. Hospitals, expecting federal reimbursements, will go unreimbursed for a time. Federal employees, expecting their paychecks, will likely receive IOUs. Securities holders, expecting to cash out when their securities mature, will likely get nothing for a time. And many of these unpaid obligations will accrue interest for as long as there is a backlog.

This second group of folks who don't mind pushing past the debt ceiling deadline are not evil. They recognize that this is going to hurt a lot of people. They're just cynical enough to believe that by hurting so many people, Obama and the Democrats can be leveraged into agreeing to conservative demands. That the pain and suffering will lead to Cut, Cap, and Balance and the Balanced Budget Amendment; in other words, a greater good.

In this horrifying-but-with-a-happy-ending scenario, the Republicans somehow manage to escape blame for the economic catastrophe. Experience tells us that this happy ending will never happen. Republicans will face just as much blame as Democrats.

Here's the kicker. Everyone in D.C. knows that failing to raise the debt limit is to be avoided, precisely because of the harms I've described. Which means that in the next five days either some version of a Boehner plan or some version of a Reid plan is going to pass. And, notwithstanding his veto threats, the President will sign the first one to reach his desk. Now why do you want that to be the Reid plan?

The Reid plan is a victory for Democrats. It includes a gigantic debt ceiling increase, which will take this issue out of play for the election season. It includes over a trillion dollars in imaginary cuts from Iraq and Afghanistan spending that is already winding down.

The Boehner plan is a victory, a small victory I admit, for Republicans. There's a small debt ceiling increase now and we've set the terms of debate come the spring when Obama has to face this issue all over again. It guarantees a vote on the Balanced Budget Amendment before the end of the year, giving us time to convince the public to convince their Senators to vote for it. It contains no tax hikes, a feature of Reid's plan too, but only because Boehner absolutely won on that point. And finally, it will hopefully have more cuts after Boehner re-works it today, but whatever the final numbers it will have cuts that are real and not imaginary like Reid's.

I want us to win. And I recognize that we're never going to get the big win on the Balanced Budget Amendment while we only hold one half of one third of the federal government. I want us to win today so we can beat the stuffing out of Obama and the Democrats on Election Day.

There are two options on the table and only two options on the table. One is okay, but not great. The other is downright bad. Pick one. But don't pretend that if you refuse to choose, you're not responsible for the outcome. At the end, it will be one or the other. Boehner or Reid. Pick one.

digg this
posted by Gabriel Malor at 01:01 PM

| Access Comments

Recent Comments
Bleh: "[i]Funding MS research and providing support for M ..."

Steven Seagal Has Personality and Charm of a Rapist: "203 Wait. Steven Seagal is the Steven Seagal of ac ..."

Commissar Hrothgar (hOUT3) ~ [b]This[/b] year in Corsicana - [i]again[/i]! ~ [/i][/b][/u][/s]: "[i]213 210 >>> Here's a pic: http://tinyurl.com ..."

CharlieBrown'sDildo: " Kali wasn't such a bad place. Today it's a nightm ..."

boynsea: "Uhh, I have been wrong for a long time. Roswell, ..."

Mr Aspirin Factory, red heifer owner: "John Denver was born in Roswell, NM. ..."

jim (in Kalifornia) [/b] [/s] [/i] [/u]: "210 >>> Here's a pic: http://tinyurl.com/yhv8n4 ..."

CharlieBrown'sDildo: "in service of our mission" [i] Posted by: Moron ..."

jim (in Kalifornia) [/b] [/s] [/i] [/u]: "208 "CO is the most depressing red-to-blue story t ..."

Braenyard: ">>> Here's a pic: http://tinyurl.com/yhv8n4sk ..."

CharlieBrown'sDildo: "(dude was a New Yorker, not a Coloradoan). [i]P ..."

boynsea: ""CO is the most depressing red-to-blue story there ..."

Recent Entries

Polls! Polls! Polls!
Frequently Asked Questions
The (Almost) Complete Paul Anka Integrity Kick
Top Top Tens
Greatest Hitjobs

The Ace of Spades HQ Sex-for-Money Skankathon
A D&D Guide to the Democratic Candidates
Margaret Cho: Just Not Funny
More Margaret Cho Abuse
Margaret Cho: Still Not Funny
Iraqi Prisoner Claims He Was Raped... By Woman
Wonkette Announces "Morning Zoo" Format
John Kerry's "Plan" Causes Surrender of Moqtada al-Sadr's Militia
World Muslim Leaders Apologize for Nick Berg's Beheading
Michael Moore Goes on Lunchtime Manhattan Death-Spree
Milestone: Oliver Willis Posts 400th "Fake News Article" Referencing Britney Spears
Liberal Economists Rue a "New Decade of Greed"
Artificial Insouciance: Maureen Dowd's Word Processor Revolts Against Her Numbing Imbecility
Intelligence Officials Eye Blogs for Tips
They Done Found Us Out, Cletus: Intrepid Internet Detective Figures Out Our Master Plan
Shock: Josh Marshall Almost Mentions Sarin Discovery in Iraq
Leather-Clad Biker Freaks Terrorize Australian Town
When Clinton Was President, Torture Was Cool
What Wonkette Means When She Explains What Tina Brown Means
Wonkette's Stand-Up Act
Wankette HQ Gay-Rumors Du Jour
Here's What's Bugging Me: Goose and Slider
My Own Micah Wright Style Confession of Dishonesty
Outraged "Conservatives" React to the FMA
An On-Line Impression of Dennis Miller Having Sex with a Kodiak Bear
The Story the Rightwing Media Refuses to Report!
Our Lunch with David "Glengarry Glen Ross" Mamet
The House of Love: Paul Krugman
A Michael Moore Mystery (TM)
The Dowd-O-Matic!
Liberal Consistency and Other Myths
Kepler's Laws of Liberal Media Bias
John Kerry-- The Splunge! Candidate
"Divisive" Politics & "Attacks on Patriotism" (very long)
The Donkey ("The Raven" parody)
Powered by
Movable Type 2.64