In 2006, Senate Democrats, then-Senator Obama included, voted against extending the debt ceiling - calling it irresponsible and an unfair burden on America's children and grandchildren. Now the Republicans, who were all in favour of extending the debt ceiling when Bush was borrowing and spending us into a recession, have picked up the Democrat's deadbeat habits. Meanwhile, the Tea Party, who knew that every penny of the Bush tax cuts and free drugs for seniors would have to be borrowed, say they don't like borrowing anymore. Ain't politics wonderful?
Oh, and you are worried that this will tip the world economy into recession again? Tough.
The Tea Party went into the diner, ate the food, but now want to stiff the place for the bill. They know the waitress, working two jobs to feed her kids, will end up footing their bill, They just don't care.
You've heard of "Disgusted, Tunbridge Wells"? Well, I live in Holland Park and I've Had It. Up to here! An old curmudgeon, I rant and rave about things I read, see or hear in the News. Frequently sarcastic, irreverent and libertarian; often wrong - but never uncertain.