Joe Klein: Republicans’ Debt Ceiling Charade Is Downright Dangerous

http://swampland.time.com/2011/07/28/republicans-dangerous-debt-ceiling-charade/

Republicans’ Debt Ceiling Charade Is Downright Dangerous
By Joe Klein Thursday, July 28, 2011 | View Comments


Let us not put too fine a point on it: Thursday’s House vote on Speaker John Boehner’s debt ceiling proposal is a joke. If it passes the House, Harry Reid has said it is dead on arrival in the Senate. If it somehow passes the Senate, which it won’t, President Obama will veto it. It is, therefore, a symbolic act that is wasting precious time. It follows last week’s Republican theatrics, the passage of the Cut and Demolish Act (or whatever they called it), which also was a waste of time. These are the actions of a party that has completely lost track of reality–and of a leader, John Boehner, who has lost the support of his party.

And so I have a proposal: the Cut the Crap Act. It will have to be passed by Monday, to avoid default. And it will require an act of statesmanship from Boehner: he will have to modify his proposal and cut loose the Tea Party robots who are opposed to a deal of any kind. He will have to find common cause with Harry Reid and, yes, Nancy Pelosi, who are now willing to propose bills that should make any Teasie happy–bills without “revenue increases,” bills with a trillion dollars in budget cuts, more or less. He will have to find 160 sane members of his caucus and Pelosi will have to find 60 extremely tolerant members of hers to get us past this ridiculous moment.

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And so, here we are. Our nation’s economy and international reputation as the world’s presiding grownup has already been badly damaged. It is a self-inflicted wound of monumental stupidity. I am usually willing to acknowledge that Democrats can be as silly, and hidebound, as Republicans–but not this time. There is zero equivalence here. The vast majority of Democrats have been more than reasonable, more than willing to accept cuts in some of their most valued programs. Given the chance, there was the likelihood that they would have surrendered their most powerful weapon in next year’s election–a Mediscare campaign–by agreeing to some necessary long-term reforms in that program. The President, remarkably, proposed raising the age of eligibility for Medicare to 67.

The Republicans have been willing to concede nothing. Their stand means higher interest rates, fewer jobs created and more destroyed, a general weakening of this country’s standing in the world. Osama bin Laden, if he were still alive, could not have come up with a more clever strategy for strangling our nation.

+rec!

n/t

Love it!