SMRs and AMRs

Thursday, July 14, 2011

The Republican Case for Compromise

By AL HOFFMAN Jr.
NYT

North Palm Beach, Fla.

I HAVE always been a conservative Republican, and I subscribe to the ideas of less government, lower taxes, innovation and entrepreneurship. But I also believe that, in the face of a possible debt default by the federal government, Republicans need to embrace the principle of compromise.

Indeed, despite talk that Senate Republicans might simply let the president raise the debt ceiling unilaterally, and thus avoid the issue of budget and tax reform, it’s not too late for both sides to strike a grand bargain. By so doing, they will prove the better statesmen.

The threat of default is not about liberal or conservative politics: our nation has spent $14 trillion in money it doesn’t have and is on track to be saddled with as much as $26 trillion in debt by the end of the decade. That’s simply unsustainable.

Yes, Democrats are depicting Republicans as fanatics holding, as President Obama put it in a recent speech, a “gun against the heads of the American people to extract tax breaks for corporate jet owners.” Republicans may want to walk away from these cheap demagogic attacks, but our nation can’t afford it.

(More here.)

1 Comments:

Blogger Tom Koch said...

I could go for $1 in increased revenue for every $4 in real cuts (not reduced levels of growth ro reduced versus budget) - does Vox Verax agree?

7:25 AM  

Post a Comment

<< Home