WSJ op-ed: How to Wage the Debt-Ceiling Fight

I think you?ve come up with a tactic that actually could work, Keith! You?re avoiding the R?s weakness I pointed out on your previous proposal: R?s proposing explicit spending cuts as part of the debt ceiling increase. Those explicit cuts necessarily identify some special interest group whose ox is being (potentially) gored, and the negative feedback that can generate ? and the D?s will exploit that to the fullest. By dropping that, the R?s no longer require any politically courageous steps. Your idea of having the R?s vote to put the D?s on the hot seat of actively voting to raise the ceiling with NO spending cuts is a minor stroke of genius. You?ve come up with a way to force them to take responsibility for their true political position on spending. (IMO, they?d love to bully the R?s into adopting a VAT so they could increase revenues to European levels. Krugman has said as much in one of his NYT columns.)

If Boehner & McConnell adopt it, then we have to see if the MSM will accurately report it to the public. Further, will those ?low information voters? absorb it, too, and not just us political junkies? As we learned to our bitter regret, those ?low information voters? decide presidential elections, so they?re important.

Source: http://feedproxy.google.com/~r/KeithHennessey/~3/LnsmMZg8BRM/

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