Tag Archives: Debt Ceiling

The Washington Circus

With only one short day left before the US would have crashed into its first-ever default, Congress and the White House have finally settled on a deal on the debt ceiling.

But while the “clear and present” danger of imminent default is out of the way (for now at least), the federal government’s antics surrounding the normally simple process of raising the debt ceiling have scarred the political system this country stands on.

Anyone who’s followed the deliberations in the US Capitol over the debt ceiling has probably not been overly impressed with their elected officials in the past few weeks. As members of Congress, the president, the Tea Party, and leaders from both sides have gone at one another tooth and nail over the debt ceiling issue facing America.

And finally, a deal has emerged between John Boehner and Harry Reid, the de facto leaders of the GOP and Democrats in Congress (respectively), a deal that the president is willing to sign. But this deal is still far from law. An ongoing debate in Washington still threatens to derail it, as members of Congress on both sides of the aisle have objections. The deal has unsavory aspects to both conservatives and progressives: it cuts less spending than the former would like, and has almost none of the tax increases the latter was angling for. This means there’s still a decent chance this deal won’t go through.

But either way, this debate has already done serious damage to the federal government of the United States, and to the people of the country. Besides costing US taxpayers some $1.7 billion, this legislative monkey business has done real damage to the reputation of America’s lawmakers. Weeks of bickering and failed talks fulfill the stereotype that Congress is a lumbering legislative lump of inefficacy (alliteration always strengthens an argument, right?). Recent polls have shown that as many as 80% of Americans are dissatisfied with the actions of their representatives in DC.

So who’s to blame? Who is the ringleader in this circus?

Us.

One (and “one” includes myself) could certainly make a case that the Tea Party movement in the GOP ranks is largely responsible for the crap Congress has been trudging through. If it weren’t for their posturing and political machinations, the raising of the debt ceiling would have been perfectly normal. Like it always has been (the debt ceiling was raised 7 times¬†during George W. Bush’s presidency). Tea Party members of the fractured Republican “coalition” in the House have made ridiculous pledges that pay no attention the real state of the country or its economy. In fact, some Tea Partiers have made it clear they would be willing to run the country into default, just to prove that “it wouldn’t be so bad.”

But as much as I would like to blame the Tea Party for everything happening in Washington, the truth of the matter is ultimately that the ringleaders of this circus were put into place… by us. Back in November of last year, the US people showed their impatience with Democratic leaders by electing a flood of GOP Congressmen and -women. These men and women, many¬†affiliated with the Tea Party, promised to cut spending and “big government” if elected, which is exactly what they’re trying to do (albeit in a highly illogical fashion). Who voted them into office? The American people. And while most of us certainly would’ve liked to see a more mature electorate running our country’s finances, those who put the monkeys in this circus (So to speak. Maybe.) in the first place have to share some of the blame.

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