Politics of the National Debt Deal
The federal government looks to be getting out of the business of trying to spur the economy just as the U.S. expansion shows increasing signs of faltering. A deal struck over the weekend to cut $2.4 trillion or more off budget deficits over a decade marks the beginning of a prolonged effort to put the governmentâs finances into better shape.
President Obama went into this debate with a lot to lose. But does a passing deal makes him a winner? The stakes were high because the United States has never defaulted on its national debt before. PGS political science professor Dr. Melissa Miller says one thing. President Obama can claim that he was sufficient being a compromiser throughout the negotiations.
chiropractic marketing Said:
The whole national debt and financial crisis to looking more and more like a planned attempt to gain more control over the American people.
Taus39 Said:
The problem with that formulation is that Obama's opponents know that their best strategy is to stonewall, resist, defect, defame, and say no to everything. It creates the impression that Obama and Dems concede defeat and Republicans declare victory before the battle has even really started.