Steve Chapman in the Chicago Tribune is almost completely right on today.
His point is basically that we’ve had all this sturm and drang and at the end of the day whatever is agreed upon won’t change anything. Because, even just posted on all the news sites that a deal is again near, none of the deals specify what will actually be cut. Those fights will come later, and as they always do will result in nothing really being cut. And even in the basics of the deals on the table, they allow for inflationary increases in spending, so in reality all the plans being discussed will raise the debt over the next decade.
(The only thing he doesn’t mention, because I guess you can’t in today’s world, is taxes, you know, bringing in more than our current 60 year low of revenues).
So it is all just posturing. The House vote on Friday served not a single purpose other than to keep Boehner in the Speaker’s chair and prevent a take over from Cantor and the Tea Party. That’s it. No other purpose whatsoever. Certainly no purpose remotely to benefit the American people.
So now they will come up with some compromise agreement that allows both sides to claim victory (you know, the way we get out of wars) and go home. The supposed fight on specifics is just kicked down the road.
Meanwhile, actual governing of the country continues to be hijacked by the tea party few, and allowed by the majority. The government is at risk of becoming almost as bad as corporations.