English: President Barack Obama makes a statement in the Brady Press Briefing Room at the White House announcing a deal in the ongoing efforts to find a balanced approach to the debt limit and deficit reduction, July 31, 2011. (Photo credit: Wikipedia)
Now that the government shutdown and debt ceiling fight are temporarily over, who won and who lost? Certainly President Obama won by refusing to negotiate with the hostage-taking GOP. However, the GOP won too by reducing our confidence in government, which has been one of their main goals for years. Reducing confidence in government will make it easier in the future to reduce government funding. The big losers in the fight were the American people.
Don’t bother listening to the blather on the right about the government shutdown and the debt ceiling. The impasse will last until the bottom drops out of the stock market. Then and only then will the government re-open and the debt ceiling be raised. The talking heads and various pundits have 24 hours to fill seven days a week. They talk, but don’t waste your time listening.
Daily News cover illustrated by Ed Murawinski (Photo credit: Wikipedia)
President Obama has made two mistakes that are going to cause the country much harm by allowing the GOP to work their will. First he altered the sequester to eliminate delays caused by budget cuts to the air traffic controller budget. Other sequester cuts that are less visible continue to hurt 10,000s of Americans. Secondly, he signed a bill to allow members of the military to continue to be paid during the Federal government shutdown. That gives the GOP relief to the only segment of the government that they care about. The other segment of American society that the GOP care about is the 1%, and they are wealthy enough to purchase other services during the shutdown. Even if Congress finally approves a clean bill for the continuing resolution, the sequester will continue. And I believe that the government shutdown will continue for a long time since the military will continue drawing their pay while other government employees will not.