Tuesday, December 20, 2011

The Congressional Quagmire - David Frum


David Frum is a very smart guy who is at war with himself.  It's not that he is a RINO like conservatives charge.  It's that his Republican Party - the one that preceded Richard Nixon and the southern strategy - doesn't exist anymore, and cannot be willed back to life.  So it leaves him and Michael Bloomberg virtually homeless.  And he is too smart to go for the `third party' dead end. - GWC
Congressional Quagmire | FrumForum:
by David Frum
"Why do we have to agree now on how to balance the budget later? Isn’t emerging from this economic slump a big enough challenge? No creditor is demanding an early budget-balance plan. On the contrary, the world is eager to lend the US money at bargain rates. Congress is so consumed by tomorrow’s problem that it will not address today’s crisis.
This is the real-world consequence of the wrong idea introduced to US politics that it is debts and deficits that caused the slump, rather than the other way around. For the moment, it’s all farcical. It could easily turn tragic."

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