It is amazing to me how history continues to repeat. We – the collective we – fail to learn from the past. Here we are, on the brink of defaulting on our loans, and the Republicans on standing on ideology instead of doing what is right for the country. We may not be able to spend our way out of debt and we cannot tax cut our way out of debt. However; the Republicans are too scared of making Obama look good and going against the Tea Partiers to do what is the right thing to do.
When we default next week, because the Republicans cannot and would not accept a very reasonable offer, don’t come crying to me.
Ironically, these “Republicans” claim to revere Ronald Reagan, yet Reagan raised the debt ceiling 18 times. Despite the spin the right-wing talking heads want to put on it, he still – while saying he didn’t want to do so – raised taxes.