Mad Wombat

A moderately liberal Democraticly-themed blog

Tag Archives: Debt Ceiling

How Peter Daou Shunned Reality

Peter Daou, not shockingly, had decided to write a piece blaming all of the world’s problems at the feet of Obama and the Democratic Party at large.  And while the Democratic Party isn’t blameless for the current situation – their general messaging often does suck, though the media filter doesn’t help with that – Daou [...]

My Response to Paul Krugman

I posted this as a comment to his latest blog post about what he would have done in the debt limit fight (short of it: just declare the debt ceiling raised or abolished and not even bothered talking to Congress to begin with), but I thought I would post it here so it would be [...]

Why the debt ceiling bill isn’t all that bad

Before I get into the body of this post, I want to say this: I wouldn’t characterize this as a “win,” either for Democrats or the nation.  Any time a political party is willing to bring us within 48 hours of default – and perhaps closer pending the actual votes in Congress – is a [...]

Debt Ceiling: A Proposal

As most people probably know, Speaker Boehner and Senate Majority Leader Reid (acting as President Obama’s proxy) introduced competing plans over the weekend to deal with the debt limit crisis.  While these plans look somewhat similar on the surface, quite a bit is different when one gets down into the nitty gritty. Republicans don’t like [...]

The Debt Limit: Where there only ever two choices?

There was a huge bru-ha-ha on Twitter yesterday about a supposed plan being offered by Obama to Boehner that would have offered anywhere from $2 trillion to $3 trillion in cuts in exchange for an increase in the debt ceiling and essentially the promise that they would look at tax reform next year, but with [...]

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