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Wednesday, August 3, 2011

postheadericon The other things

I can't help but think that the "original sin" in getting us to where we are now (on the brink of today's limitation on borrowing â€" it is NOT a default date, as there would have been plenty of money to pay the Treasuries that are due â€" the real issue is that without further borrowing, it is the OTHER things the government does that it won't have the money to do) is this: Why didn't the president use the vast power of writing the budget to set his priorities in this coming fight?

I think this is a FUNDAMENTAL mistake on his part. Had he sent a serious document to the Congress, it would've had to contend with it. As it was, he sent something so execrable that it got not a single vote, R or D, losing 97-0. This was not just a tactical error, it was an abdication of his real duty to propose serious legislation.

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