The debt ceiling fiasco has been a shock. Just a month ago, it would have been hard to believe our government was that dysfunctional. True, GOP obstructionism had practically brought Congress to a halt, particularly during the health care reform battles. But it took a nihilistic minority, aka Tea Partiers, to hold the country hostage over raising the debt ceiling. And it took an overly compliant, to put it kindly, president bending to the GOP’s will to let the tea clan get away with extortion.

I obviously cannot speak for all progressives, but I personally don’t know anyone to the left of John Boehner who isn’t disgusted with the D.C. dysfunction, and who isn’t furious with Barack Obama. I came to the conclusion long ago, during the health reform mess, that the President doesn’t have a lot of political savvy. Now I think I overrated him. In terms of politics, how in the world you can have your opponents on the defensive and looking like bitter loons, only to cave in to nearly everything they wanted a week later, is way beyond my ability to understand — much less congratulate, as the clueless-as-usual D.C. press corps is reacting to “the deal.”

Two op-ed columns from the New York Times today are on the money about the deal and Obama’s performance. Here’s an excerpt from Paul Krugman:

If [the deal] goes through, many commentators will declare that disaster was avoided. But they will be wrong.

For the deal itself, given the available information, is a disaster, and not just for President Obama and his party. It will damage an already depressed economy; it will probably make America’s long-run deficit problem worse, not better; and most important, by demonstrating that raw extortion works and carries no political cost, it will take America a long way down the road to banana-republic status.

These are serious charges, but it’s time to face the unpleasant facts: the citizens of this country are truly screwed for the foreseeable future; the government is now of, by, and for major corporate and Wall St. interests; and the White House is now run by people who think surrendering the principles of their (formerly) strongest supporters to know-nothings on the right is a good idea.

The other Times op-ed is from Russ Douhat, whom I rarely agree with on much of anything. Today, though, he nails Obama’s role in the debt ceiling debacle:

But winning a debate on points isn’t a substitute for looking like a leader. It’s one thing to bemoan politics-as-usual when you’re running for the White House. It’s quite another to publicly throw up your hands over our “dysfunctional government” when you’re the man the voters put in charge of it.

The major problem, as I see it, is that Obama — for some unknown, perhaps never to be understood reason — thinks he can win battles that are fought completely on the GOP’s ground, i.e., the notions that debt and deficits are the country’s number one problem, and military spending is sacrosanct. As William Greider writes in The Nation, “He made the choice more than a year ago to push aside the real problem — the vast loss and suffering generated by a failing economy.” So to hell with new jobs, and forget about the crumbling American middle-class, formerly the envy of the world. The deficit hawks, the bloated “defense” industry and Wall Street are happy, and in the end, that’s all that really matters, right?

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John Grooms is a multiple award-winning writer and editor, teacher, public speaker, event organizer, cultural critic, music history buff and incurable smartass. He writes the Boomer With Attitude column,...

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9 Comments

  1. How dare them republicans try to make the government live within its means! Thats unamerican, We need to keep borrowing from China how else are the welfare folks going to be able to afford their cell phones, Internet access, playstations, new cars, free housing, and free food. Them greedy capitalist expecting people to work and support themselves how dare they!

  2. My issue is ALL OF SUDDEN, UNDER A DEMOCRATIC PRESIDENT….THE GOVERNMENT NEEDS TO LIVE WTHIN ITS MEANS! While spending needs to be addressed, why wasn’t this brought up during 2001 to 2008? Yes, the tea party started gaining some momentum in 2006-07, but all but silent prior to that time period. To include, currently elected GOP members that served during that time period also was awfully quiet during that time. Reporters have been blasting GOP congressional members on this fact, why did you vote for a debt ceiling increase without question during that time period? All of this shows FEAR of the tea party. This is sad because elected officials should not be AFRAID of their constitutents. A minority rule is wrong and the American people should see this for what this worth! Yes, spending needs to be addressed but merely cutting spending will not effectively pay off our debt without increased revenues!

  3. I can’t believe they went through all this drama, just to turn out this nothing “deal”! Very sad indeed.

  4. “All of a sudden the Govt should live within its means”? Shouldn’t the govt ALWAYS live within its means?

    Its not a Dem or Repub issue, its a matter of common sense. When you don’t have the money, you can’t fund all the programs. Now we can discuss the merits of tax increases (sorry increased revenue), but even if you taxed the top 25% wage earners 100%….you still don’t put a dent in the deficit.

    So until our govt decides to use OUR money, (and it still is my money that I earn), within their means….we will see a finaicial mess that will make the Great Depression look like an overdrawn check.

  5. We may not have the money to fund all the programs (like Head Start, Meals on Wheels…) but that certainly means we also don’t have the money or the willpower to keep borrowing to fund the Bush tax cuts, an overdrawn check that amounts to half the deficit. Letting them expire would “put a dent in the deficit”. And GE and Apple (for example) can do without another government handout, right?

  6. I have been telling people around me for three weeks that the way this fiasco will end is:

    At the last possible minute, the Republicans will produce a bill that preserves all the Republican sacred cows and slaughters all the Democrat sacred cows and will then dare the President to veto it so that in 2012 they can claim the President caused the default. Then the entire Democratic party will fold like a cheap card table and say they had to go along with it for the good of the American people.

    We truly in big trouble for another four years. We can vote for the incredibly corrupt Republicans who have sold their soul to the special interests, or we can vote for the wimpy Democrats who don’t have the will to stand up to them. Either way, the Republicans will be in charge and will continue to run us into the ground for the benefit of their large donors.

  7. I don’t care who you point your finger at. NO person, no government, no business can exist by borrowing 42% of every dollar it spends. Stop all the BS story telling an deal with the reality of where we, as a country, are financially. NO more entitlements, bail outs, or support to foreigh countries. Stop printing money we do not have. Stop giving big oil tax $$$. Plug the LOOP HOLES in our tax system. Let the politicians live with the same “benefit packages” everyone else does. Stop all the BS…..including this article.

  8. DLP, the reason the “entire Democratic party will fold like a cheap card table” is because THERE IS NO DIFFERENCE BETWEEN THE DEMOCRATS AND THE REPUBLICANS. Have you not read OpenSecrets? Obozo and Dodd and Frank and Pelosi and Reid are just as owned by Goldman Sachs and JPMorgan as McConnell and McCain and Boehner and Cantor are.

    The only people in Congress with an ounce of integrity are Ron & Rand Paul and Dennis Kucinich.

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