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We’ve paid a huge price for deal
The price President Obama paid to extend the debt is the end of the New Deal.
The fundamental terms of FDR’s social contract with the country to have a social safety net to underpin capitalism no longer bonds the country. Social Security and Medicare are no longer the third rail of U.S. politics: You will not get electrocuted politically for attacking them.
I am more conservative than the tea party. John Munn and I have this conversation where I try to express how frustrating the Democrats’ extravagance is.
When this chaos happens with your computer, you press reset and let the hard drive reboot.
This week, the president, the House and the Senate redefined what the political landscape is, somewhere far to the right of what Ronald Reagan hoped for. Now we live in Grover Norquist’s world of “starving the beast” of government money. This decision changes things in the public sector as much as the collapse of Lehman Brothers in September 2008 changed the private sector.
Jon Li
Davis
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