[quote=briansd1]
It seems like the Tea Party is thinking “let’s manufacture a crisis because, absent a crisis, we won’t get our way.” That’s a dangerous game to play and puts at risk the welfare of all Americans.[/quote]
The Tea Party is attempting to avoid a future crisis. I don’t see how the Federal Government spending 60% more than it earns (taxes) can end in anything but disaster. To say they are “manufacturing” a crisis borders on delusional. I know you don’t run your personal budget this way or you would be living in the streets sans internet.
The Tea Party fought the good fight and lost. I expect more of the same over the 2012 budget.
We are at a point where even a return of interest rates to historical norms would cause a debt death spiral. We aren’t willing to do anything significant to avoid it.