For the price of not blowing up the US economy and the world economy along with it, the psychos in the Republican Party are apparently demanding the following ransom:
1. Large cuts in Social Security. Lindsay Graham, the Republican homosexual from South Carolina, is holding out for big SS cuts.
2. A Balanced Budget amendment (holding the Constitution hostage). This is Rand Paul and David Vitter’s gambit, along with the Tea Party’s.
3. An immediate 44% cut in all US government programs.This is Rand Paul and the Tea Party’s baby, and this is what their balanced budget proposal would do.
TI have a hard time believing the 3rd one. It boggles my mind to even think about it.
A balanced budget amendment is a terrible idea. Sovereign states are not supposed to balance their budgets, nor are they under any obligation to. It’s not even a good idea economically. Deficits are not a problem as long as they remain relatively low relative to GDP.
The first one is amazing. The Republican hatred for Social Security must be truly extreme. They’ve tried every which way to get rid of it, but they can’t seem to do so. They’ve been thwarted at every opportunity because the American people are not yet insane enough to want to get rid of Social Security. But the Republicans are determined to cut it, and eventually to get rid of it altogether. They are going to attack Social Security any way they can, even if it means threateing to blow up the US and world economy as the hostage price.
Wow, the Republicans must really hate Social Security.