Although our great nation was recently spared from a great indignity when a debt limit compromise was finally reached, the ramifications and consequences as a result of the willingness of some members of Congress to apparently take us to the brink of fiscal disaster due to political posturing and an unwillingness to compromise, will, nonetheless, have a long-term negative impact on our already tenuous economic future.
Please note that the raising of our nation's debt ceiling had previously taken place 74 times since 1962, during Democratic and Republican administrations alike, and that such does not permit us to increase expenditures, but rather allows us to pay off existing debts.
Following passing of the recent debt ceiling, Speaker of the U.S. House of Representatives John Boehner, R-Ohio, bragged that he got "98 percent of what he wanted" from the deal.
Perhaps then it was his goal to have our nation's AAA credit rating reduced by Standard and Poor's for the first time in our history and have resulting chaos in the stock market.
Also, remember shortly after President Obama took the oath of office as our president, Senate Republican leader Mitch McConnell, R-Ky., stated that his goal was to see "Barack Obama as a one-term president," which strongly indicates that Sen. McConnell and those who agree with his stated objective unashamedly place politics over what is best for our country.
Republicans pontificate that President Obama and the Democrats are largely responsible for our current economic doldrums, when in fact the economy inherited by President Obama was on the fast track to leading our country to our second Great Depression as a result of President George W. Bush and Republican policies, which included massive irresponsible spending without necessary available funds to cover such expenditures.
Where was the "Tea Party" then?
Presently, National Republicans are either very hypocritical or believe that constantly repeated rhetoric makes people forget the actual facts.
Republican/Conservative icon, Ronald W. Reagan, while touting the need for smaller government, actually increased the percentage of federal workers by a larger percentage than did any president during the last half century, and in addition raised the federal debt ceiling 17 times, approved 11 national tax increases and more than tripled the federal deficit.
Such actions do not appear very conservative, do they?
Also, one of the most vocal critics of President Obama, former Republican Vice President Dick Cheney earlier had stated: "Deficits don't matter; Reagan proved that."
While Republicans offer only criticism and no possible solutions, please note that our nation has experienced 17 straight months of job growth in the private sector as 2.1 million private sector jobs have been created, while also saving our auto industry from possible distinction.
Balancing the federal budget should not be accomplished on the backs of the working/middle class and its neediest citizens. The wealthy should not be exempt from playing an active role in this national challenge, as is the Republicans' desire.
We have a long and precarious struggle ahead as a nation, and until this country is stressed over politics, I hear such may continue to be an uphill battle.