Friday, July 29, 2011
Debt Deal or No Deal
All sides have a share in the fault here. I'd once again state that Obama's advisors have failed him by not alerting him to tackling this when he caved on the Bush tax cut extensions. He is also a weak leader, and not having a plan of his own was a sad admission this week. I cannot believe a Democrat President is willing to cut SS and medica instead of discretionary spending. The fact that he nixed a deal the Senate Dems had worked out with the GOP is amazingly self-centered, but we shouldn't expect more than that from a guy who has written two books about himself. This is all a terrible kabuki theater act. We are broke, and the first step in tackling a problem is admitting it. Got gold?