The result of the end of "the crisis that Washington imposed on the rest of America"? ... Politics as usual!
Monday evening, by a vote of 269-161, the U.S. Congress passed the Budget Control Act of 2011 … a/k/a the bipartisan agreement to address the debt crisis. According to an AP report on this, “A final Senate sign-off for the measure is virtually assured on Tuesday” and “If the bill were presented to the president, he would sign it.”
Sunday night, President Obama and congressional leaders announced this agreement that, according to another AP article, is a "dramatic resolution" that will "(lift) a cloud that had threatened the still-fragile economic recovery." In that same article, the President is quoted as saying, "(The deal) will allow us to avoid default and end the crisis that Washington imposed on the rest of America". One can only hope that he was looking in the mirror as he made that statement but I have to admit that the President hit the nail on the head about this being a "crisis that Washington imposed on the rest of America". Sadly, it appears that, after putting the American public through this stressful time, our elected federal officials have only accomplished a continuation of "politics as usual". And, in my mind, it's just the sort of political outcome that's in Barack Obama's "wheelhouse" - i.e. Continuing to dangle "Hope" before the nation's people without delivering much in actual "Change".
What This Deal is Aimed to Deliver
Reportedly, this agreement is meant to cut federal spending by $2.2 trillion over the coming decade. Based on the 2011 Federal Budget, the U.S. government plans to spend $38.2 trillion over the next 10 years. While cutting that by $2.2 trillion doesn't seem very significant, that is this deal's overall "best case" scenario. Getting to the $2.2 trillion level requires the most optimistic outcome of sure-to-be highly contentious follow up work by a "super-committee" of legislators. However, the first phase of this proposed legislation will generate around $900 billion in spending cuts over the next decade, while allowing an immediate $900 billion increase in the government's ability to incur debt. So, the "best case" scenario for this deal's first phase actually means Zero change initially, followed by continuing and ever increasing deficit spending. And, the conservative objective to get Congress to pass a balanced-budget amendment, which seemed within easy reach, has been abandoned.
Furthermore, the federal government's ability to borrow more money will now be authorized beyond the 2012 elections. This is being positioned as a relief to the American public, in not having to continue to live under the "cloud" of this "debt crisis", for now, but its true benefit is solely to President Obama, for his reelection aspirations.
Finally, it's being touted that Republicans have achieved a major goal in this agreement through avoiding tax increases. In fact, though, increased tax recommendations are likely to come from the follow up work of the bipartisan "super-committee".
Winners and Losers
As noted above, this "dramatic resolution" claims to result in a number of "Winners". You can, easily, judge those for yourself. However, some have pointed to the Tea Party, as a "Loser" in this deal and I want to address that.
As indicated by the title of this article, I see this "crisis that Washington imposed on the rest of America" as having produced "Much Heat" and "Little Light". Of course, I was hoping for much more in a real debt reduction plan. And, certainly, I'm deeply disappointed to see the loss of momentum towards a balanced budget amendment. However, the general focus of our federal lawmakers has been shifted from continuing ever-increasing spending to striving to learn to live within our means. That is an accomplishment that the Tea Party can proudly take credit for.
Courageously Achieving More
Although the above mentioned shift in the general focus of our federal lawmakers is in line with what voters were looking for in electing a new Congress last Fall, I had hoped those newly focused legislators would not accept this accomplishment as being enough. For many years now, our nation has been sinking in a morass of "politics as usual". The desire to get out of that quagmire was the driving force that brought the sitting Congress into power. More than anything else, the "dramatic resolution"' announced by President Obama and congressional leaders Sunday night, is "politics as usual". Since that is diametrically opposite of the primary impetus that brought these newly focused lawmakers into office, I was disappointed to see many of them (including Congresswoman Jaime Herrera Beutler, who represents the congressional district where I live) support this deal.
Of course, I recognize that what I had hoped for is something that, as folks would say where I was raised in the Midwest, "says easy and does hard". Standing your ground when you’re being hit from all sides on the “debt crisis” with issues like its “cloud” continuing to hang over the American people, its threat to our economy, necessary levels of spending, appropriate levels of debt, its potential impact on Obama’s reelection, its prospective bearing on your own reelection, legitimate needs for taxes/revenues, its impact on job growth, the possibility of passing a balanced budget amendment, countless political pressures, etc.; makes this far from easy. In fact, just the opposite is true; it requires extremely hard work and great courage.
With that said, let me go on to say I understand that the courage required for me to express my views, hiding behind my keyboard, is nothing compared to what I'm asking of those legislators who came into office along with the momentum of the Tea Party. And though I’m disappointed with their not continuing to stand their ground to accomplish even more, that doesn’t mean I’m giving up on them. To the contrary, I’m very proud of the tremendously difficult work they have done and the immense courage they have displayed in doing it. I just want remind them that this is what we were looking for when we voted for them. And, I want to encourage them that the greater level of accomplishment I’d hoped for is, in fact, achievable. For me, the greatest indication of that came from Barack Obama, the antagonist in this episode of “politics as usual”, when he told Eric Cantor, “Don’t call my bluff.” To me, that clearly said, he was bluffing and that his bluff could have been called.
Next time, stand your ground and don’t miss a similar opportunity.
Comments
on Bluffing and Ideologues
Submitted by Mike Frome (not verified) on Tue, 2011-08-02 07:28.
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+-Hi Gary, I don't believe the president was bluffing, he was merely misusing the language (again). What he meant was "Don't try me because I'm not bluffing". In my view this is because he is an ideologue; a true believer in his closely held (although repeatedly disproved) social and economic theories.
I believe that in his eyes, a failure in congress to act would have been acceptable...he would have done as the extreme progressive wing of his party has been demanding. He would have unilaterally taken the power to set the debt ceiling unto the executive branch, thereby making a complete mockery of congressional budgetary authority for the indefinite future.
To the masses, I believe he would have been able to justify this by making the case "he was the only adult in DC" and "it was in the urgent best interest of the country to act", and I believe that case would have been sufficient for many.
As far as these "cuts" are concerned, a "cut" of a trillion or two into a notional $9T of increases over a decade is another mortal insult to the English language, just on a semantics basis. Never mind the fact that none of those cuts, put off into the indefinite future, are going to happen until they are *again* forced. If our leadership couldn't do anything meaningful now, they are going to be worse than useless in the coming monetary crisis.
Cheers,
Mike
Fool we once, then fool me again
Submitted by Lynn Costello (not verified) on Tue, 2011-08-02 14:32.
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+-As we've seen from watching the President and democrats today, it is back to business as usual with "investments" in more government and of course an effort to make those millionaires, billionaires and owners of corporate jets pay their fair share. So much for compromise. We wake up realizing once again, we are suckers!
Millionaires & Billionaires
Submitted by Gary Wiram on Tue, 2011-08-02 19:03.
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+-Don't you just love knowing that, with the Liberals never-ending repitition of this talking point, there are actually many out there who must think that Conservatives get up every day asking themselves, "What can I do today to make life better for America's Millionaires & Billionaires?!"
