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Earlier today I posted a thread asking what the "good" was in this deal. After arguing about could be's and maybe's, the entire good in this bill boils down to two things. First, we raise the debt ceiling, second, there will be 35 billion dollars cut from our military spending every year for the next ten years.
That's it, that's all the good there is in this bill.
Well, as far as raising the debt ceiling goes, that can still be accomplished. If this deal is voted down, there are two options still on the table. The last minute desperation prompting sanity to prevail, and a clean debt ceiling bill is passed, or the President pulls the trigger on the 14th Amendment option.
So that leaves the 35 billion dollar per year military cuts. Which adds up to a bit under 3.5% cut each year for ten years. That's less than the automatic cost of inflation increases the military gets each year.
And in return, what are we stuck with? Cuts to our discretionary spending which are front loaded, a Super Congress convening to discuss more cuts, including cuts to SS and Medicare. All with no new revenue.
This deal is a bad deal, and an unnecessary one at that. We can still raise the debt ceiling in a sane way without destroying our economy. With our economy as weak as it is, we simply can't afford to cut spending, that will send the economy over the cliff.
We can still turn this around however. Contact every single progressive in the House and tell them not to vote for it, same with the Senate. Hell, pretend your a freeper and call all the Teabaggers in the House and Senate and urge them not to vote for this deal.
Ditch the deal and push this manufactured "crisis" to the last minute, when sanity will prevail and we will get either a clean bill or the 14th Amendment option.
Otherwise kiss this economy, this country as we know it goodbye.
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