Like Reagan at Reykjavik, Boehner passes on a bad deal

Indeed, as negotiations wore on, Obama got tougher on taxes (pushed hard by the hard left), and the deal he was cooking up almost certainly wouldn’t have been revenue neutral as he tweaked rates and reduced tax deductions. Not even close. Nor did it help that Obama reportedly balked at a spending-cut trigger if certainly tax reforms were not completed. Full Story »

Posted by Roland F. Hirsch - via Memeorandum
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Subjects: U.S., Politics, Business
Member Tags: Democratic Party Ideology
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Posted by: Posted by Roland F. Hirsch - Jul 10, 2011 - 10:07 AM PDT
Reviewed by: Roland F. Hirsch (review)
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Edited by: Roland F. Hirsch - Jul 10, 2011 - 7:06 PM PDT

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Roland F. Hirsch
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by Roland F. Hirsch - Jul. 13, 2011

This news analysis is excellent journalism. The author presents his liberal perspective on the negotiations on the debt ceiling, describing how the sides differ. He explains how President Obama is being pushed by extremists to adopt policies that are not economic but ideological. Well thought out and written.

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