Wednesday, August 3, 2011

With the Debt Ceiling Deal, America Has Been Played


Oh what a tangled web we weave…
The deal is done. The House passed it, the Senate passed it and the president signed it. Done deal, debt ceiling raised. So, we can all sigh a huge relief right? Er, not really.
Just look at Wall Street yesterday. The Dow Jones closed down, again. The international community was sickened by the circus they saw the U.S. government enter into for this deal; and the country is divided over whether it's happy with the outcome.
What we do know is America is happy something was done on a bipartisan level. And that's where the happiness ends. [See a collection of political cartoons on the budget and deficit.]
What we do know is the Republicans don't really want more cuts, for if they did they would've embraced the president's original plan which would have reduced the deficit by nearly double the very plan they voted in favor of.
We do know the Tea Party holds more than just a checkbook when it comes to Republicans and yes . . . . .

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