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Purveyor

(29,876 posts) Sun Mar 3, 2013, 06:07 PM Mar 2013

US Economy Hamstrung By Washington’s Brinksmanship

COLORADO SPRINGS, Colo. (AP) — Three budget crises ago, in early 2011, Republicans and President Barack Obama faced off over raising the debt ceiling — and Alison Brown saw the writing on the wall.

Washington had entered the cycle of partisan brinksmanship over the budget that has sown confusion among federal agencies and delayed contracts to small companies like Brown’s Navsys Corp., which designs satellite navigation systems in this military town. So Brown slashed her 40-strong workforce in half. And as she feared back then, her revenues have since plunged by half.

The latest crisis hit on Friday with across-the-board automatic spending cuts. They total about $85 billion, but the economic damage created by two years of showdowns is far greater. And there’s no end in sight: Temporary resolutions funding the government expire on March 27. May brings another debt ceiling standoff.

“We’re planning for the worst,” Brown said in her office with a view of the Rampart Range, a portrait of President George W. Bush on the shelf behind her. “We’re not going to be taking risks and making investments, and that’s bad for the country as a whole.”

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http://www.salon.com/2013/03/03/us_economy_hamstrung_by_washingtons_brinksmanship/

5 replies

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US Economy Hamstrung By Washington’s Brinksmanship (Original Post) Purveyor Mar 2013 OP

What? March 27 is the expiration of temporary resolutions to fund the Government? dkf Mar 2013 #1

Conservatives Mixed On Continuing Resolution To Avoid Government Shutdown Purveyor Mar 2013 #3

OMG it just gets worse. dkf Mar 2013 #4

...more AP farting points. Oh and BTW making bombs is not a legit job. L0oniX Mar 2013 #2

^^^^^THIS!^^^^^^ 99Forever Mar 2013 #5

dkf

(37,305 posts)

1. What? March 27 is the expiration of temporary resolutions to fund the Government?

Reply to Purveyor (Original post)

Sun Mar 3, 2013, 06:19 PM

Mar 2013

I missed this one. Anyone know what this is about?

Purveyor

(29,876 posts)

3. Conservatives Mixed On Continuing Resolution To Avoid Government Shutdown

Reply to dkf (Reply #1)

Sun Mar 3, 2013, 06:25 PM

Mar 2013

Here is a thread on this topic posted friday.

http://www.democraticunderground.com/1014412435

dkf

(37,305 posts)

4. OMG it just gets worse.

Reply to Purveyor (Reply #3)

Sun Mar 3, 2013, 06:28 PM

Mar 2013

These jokers are making me really mad. When will they get a clue that we could actually do pretty well if they did their jobs properly.

L0oniX

(31,493 posts)

2. ...more AP farting points. Oh and BTW making bombs is not a legit job.

Reply to Purveyor (Original post)

Sun Mar 3, 2013, 06:21 PM

Mar 2013

Have you ever heard ..oh they are such great bomb makers ...what a wonderful job you have making weapons ...aren't those jets just wonderfully designed to kill people ...I love making bullets ...I love my job building nuclear submarines. Yea that's wonderful ...perfect. So now we are depending on war so we can send kids to college where they can learn how to make better weapons of war ...that KILL PEOPLE! Excuse me but I didn't have a choice about being born in a country who's fragile economy depends on out sourcing and making weapons to kill people. I fucking hate this shit! ...and I hate corporations! I wish there really was an eternal hell designed just for them ...and all you killing machine enablers. You are not protecting us ...you are protecting your bottom line. Fucking death machine!

99Forever

(14,524 posts)

5. ^^^^^THIS!^^^^^^

Reply to L0oniX (Reply #2)

Sun Mar 3, 2013, 06:34 PM

Mar 2013

The human flesh grinding machine, AKA The MIC, is the personification of evil on Earth.

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