Saturday, July 16, 2011

Political hostages

Jon Stewart the other day was describing the short-sighted bickering we call debate about the debt ceiling.
To paraphrase: you don't take a hostage you're not willing to kill. And the republican party has a gun to the economy. Obama thinks they're bluffing, thinks it is a game to them, but its serious enough that he has put almost every demand on the table. Even Social Security reform. But he asked for a hostage (end some tax breaks and high value credits,) in return.
Well unfortunately, they're not bluffing. And they're about to blow our economic brains out to prove it.