Thursday, June 30, 2011

The Deficit Ceiling - Republicans Play Games

The Republicans have forgotten how to negotiate! They would like to push the country to the brink in order to score political points. While they're playing with fire, the country, and ultimately the world could dive into a new recession if we default on our debt. No government or opposition would ever have dreamed about doing such a thing in the past.

Are they insincere? Well, when you offer the Democrats 15% in raised revenues and 85% in cuts and then you quickly change and say you will only accept 100% cuts, this seems like game playing.  Especially when you consider that the Democrats were getting close to accepting their offer. Why change the offer when you are on the verge of a deal? Because you really aren't sincere about making a deal.

If the Republicans fail to make a deal by Aug. 2, then they will create an economic disaster that will not only effect the United States but also the rest of the world. You then could quite likely see a depression like the one in the 1930's.

It's likely the Republicans will agree to raise the debt ceiling and so it is important that the Democrats make some compromises but not give everything away. Much more posturing will be done before the deadline.


Sam said...

I think in this kind of situation, it's not good to play games. I hope they consider that.
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collection agency seattle said...

Opposing views don't contribute to the economy. They're better of agreeing on a certain point.

Josh Schwartz said...

County's debts could lead to an economic recession. The government should make an option on how to overcome and solve this debt issue. Maybe tax reform and refinance mortgage lead could be a solution.

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Enlace said...

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