Quote:
Originally Posted by IntenseFan
Had no answers for why the House Republicans couldn't offer up a much more articulable, simple and reasonable compromise to delay the individual mandates for the ACA for a year in exchange for funding the gov't to the end of the calendar year.
|
This is still legislative hostage taking and would not be accepted by the democrats in the Senate nor the president.
Quote:
|
One thing I really want to call the MSM's coverage of the shutdown out is on how they are exaggerating apparently immediate doom and destruction affects the shutdown is going to have on the US economy. The Federal Reserve's QE/stimulus efforts remain unaffected by the shutdown (which is what is really driving the "recovery" - somewhat artificially in my view, but nonetheless). The Wall Street guys are still going to work. The 80% of American workers who work in the private sector (and who are therefore responsible for 100% of the net taxation revenue) are still going to work. Certain sectors of the Federal Government are unaffected (air triaffic controllers, food inspectors, uniformed military personnel).
|
Yeah, it's about a million people who are directly affected, but that's still a significant number of people, and it indirectly affects those who want the services provided by those million or so people.
The main thing is, do you even doubt they're going to use the debt ceiling in the same way they're using the budget? It's just going to be the same story all over again - do as we say or we won't pass the debt ceiling bill. And you'd better believe that that will have immediate and significant effects on the economy, of the world, not just the US.