20130103

Fiscal Cliff & Debt Ceiling

I understand that the GOP may not wanted a public backlash of raising taxes on the middle class. But the increased revenue raising without any significant spending reduction will be harmful to the US economy in the long run. And I still believe that raising taxes on those who employ is a bad idea as well. Fine.

But come the debt ceiling the GOP should starting to manage and frame the conversation in terms of a bloated government with out of control spending and that the debt limit is there to limit too much borrowing by the government and thus should not be tampered with. They don't even have to bring anything to the floor for a vote. Just let the debt limit be applied.

No comments: