Monday, May 16, 2011

Hostage Taking by the House GOP

link here to article

Krugman calls it what it is. The GOP has taken a hostage and they are using it to extort concessions from the White House. They did this last year on tax policy and the White House caved. That whetted their appetite for more. Now they are using their authority to keep the debt ceiling below where it needs to be to enable the government to spend against its budget which has already been approved. The only question remaining is how the White House responds to the hostage takers. In essence, the GOP House is preventing the elected administration and the elected Senate from operating. We didn't elect the Tea Party to run the country but it can prevent the country from functioning as it has normally functioned in the past.

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