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Republican Sellout Invites Stagflation

big57 Wrote: Dec 22, 2012 8:05 AM
Democrats= Blame, Blame, Blame, Blame. This is ALL they have done besides NOTHING. They are the group of Blameing and IRRESPONSIBLE. The buck is suppose to stop with the President, but we have no president for the buck to stop with. So it stops with the GOP!

While it may not be a surprise that the Republicans are preparing to yield on their vow to oppose tax hikes, it should raise investor concerns the world over that an upcoming budget agreement will likely involve a Congressional surrender of its authority to set the federal debt ceiling. In exchange for this, it appears that the Republicans have simply done nothing to halt, or even curb, the dangerous federal spending trajectories or the current drift towards greater state control of the economy. President Obama has politically outmaneuvered the Republicans, even going as far as evoking the Newtown massacre as...