Liberalism: Do You Agree We've Had Enough of It? Message Board

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Politics : Liberalism: Do You Agree We've Had Enough of It?

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To: Hope Praytochange who wrote (87831)	7/20/2010 10:19:24 AM
From: tonto	2 Recommendations Read Replies (2) of 224762

Congress has not made good decisions in the past and members are more worried about their party and their own jobs than on doing what is right. Partisans support poor management because they are more interested in a team, their party, "winning". They do not look at reality... "I think the best strategy — which is not one that is politically likely — is to not worry so much about the short-term debt accumulation but to take very forceful action" to address long-term deficits tied to health care spending and Social Security, Auerbach said. The risk, said former Congressional Budget Office director Rudy Penner, is that a "dysfunctional" Congress will delay action on that longer-term problem and foreigners will begin to shun Treasuries, or at least demand a premium.

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