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Tuesday, April 26, 2011

postheadericon Default isn't an option - for debt or Democrats

Last week, the sound of Wisconsin town hall attendees booing House Budget Committee Chairman Rep. Paul Ryan (R-Wis.) was music to progressives’ ears.

The booing wasn’t undeserved - Chairman Ryan’s proposed budget would have disastrous consequences, and caters to the ideological purists on the right by ending Medicare as we know it and asking nothing from the wealthiest on taxes. However, progressives should pause before they consider opposition to the Ryan budget to be enough to carry the deficit debate. A quick look at some key insights from last year’s election shows that default isn’t an option â€" on U.S. debt or for Democratic political victory.

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