Thingish Things

Tyrannically Extreme Radicals and Fanatics to Trim U.S. Borrowing by 7%

Written By: William F. B. O'Reilly - Jul• 31•11

Added perspective on the debt ceiling deal emerging in Washington:  If, indeed, a compromise is reached tomorrow to “cut” $3 trillion over the next 10 years — that is to trim the amount we are borrowing over the next decade by $3 trillion — the national debt in 2020 will be $21 trillion rather than $24 trillion, about seven percent less than it otherwise would be.  That is what everyone in Washington is up in arms about.  The nation will remain utterly buried in debt, just in $3 trillion less of it. 

You would never know it from the hysterical headlines lighting up opinion pages across America, attacking Tea Party and Republican “radicals,” “fanatics,” “extremists,” and “tyrants.”

Here is Maria Cardona on CNN opinion today:

(CNN) — We have become victims of the Tyranny of 87. This is not a reference to the years immediately preceding the French Revolution of 1789. I am referring to July 2011 in the United States of America, the greatest democracy in the world. Or so I thought.

Mike Tomasky in Daily Beast:

“…It’s a bleak day for this presidency, and really in American history, as we’ve now embarked on a path that’s very likely to lead to huge cuts in entitlement programs, the domestic budget, and more or less everything every Democrat in Washington (except, apparently, one) wakes up to fight for every day.”

Paul Krugman in The New York Times:   

 “The problem with American politics right now is Republican extremism, and if you’re not willing to say that, you’re helping make that problem worse.”

Krugman on “This Week”:

“The first thing is, we shouldn’t even — from the perspective of a rational person, in other words a progressive on this stuff — we shouldn’t even be talking about spending cuts at all now.”

Maureen Dowd in The New York Times:

“The citizens of this country tremble at the thought that these are the people governing them.”  

Jesse Jackson in Politico:

“[Obama’s] biggest asset at this point is the tea party and Bachmann. These people are so very extreme.”

The quotes go on and on and on.  Kind of like U.S. debt.

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One Comment

  1. Your Friend says:

    The amazing thing is how right all the quotes are. As I’ve said before, you ignore Krugman at your peril. Neither of us knows anyone as smart as that guy. 2012 is going to be a blood bath for all incumbents and the longer we keep cutting instead of spending, the longer the blood bath will go on. You can’t cut your way out of a recession.

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