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Tuesday, July 26, 2011

Debt Ceiling Brinkmanship


While posturing brinkmanship may suit the short term goal of feigning differences, The President and Democratic Leaders in both House as well as Senate seem to be caving in to Republican demands of "no new taxes". They appear to be more concerned about election politics over what is right. Fear of what "could" happen to them in the 2012 General Elections seems to be pushing them toward the center so much that it looks like their credibility with average working folks may go down the drain. Half-choices now, regardless of the spin put on them, serve only the wealthiest among us. Polls show that the vast majority of middle and working class Americans want real action being taken on jobs and economic development. It is unfortunate that they now risk being sold out for political expediency, with little being done on improving the job market beyond empty promises.


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