Originally posted by beezzer
reply to post by seabag
Boss, I have to disagree with you.
I'm not too bright when it comes to economics. That's a given.
But when I can see what is being deliberately done, then you have to ask yourself, if this isn't done stupidly or by accident, then they have to be doing it on purpose.edit on 28-2-2013 by beezzer because: (no reason given)
I think this is very intentional, just not originally planned to go this way in the end. At least, I don't believe it started this way when the legislation containing this came to be in 2011.
I think this was intentional in that they fully meant to create a penalty package so severe and so extreme on micromanaged hits that each party would feel in different areas, no one would dare let it happen. So, the great debt committee would reach the grand bargain. They didn't of course.
Then the hope was Congress would deal with it, given all the time that still existed to do it when the first try failed. That failed too.
Then we came to election time and the looming "Fiscal Cliff" of which this was one major part. Even I thought they would likely cook some last minute deal to settle this at that point and heading into Jan 1st. Something to pull out of the hat to make their own side look good, whichever did it. That, too...failed.
NOW? I think they DO want this to happen. Both sides. I believe they've each, in their own way, looked at the consequences of this and war gamed the strategies they need (or think they need) to make the other side look worse and come out just a bit better....and a bit better is all that is ever needed anyway. Look at the 'lesser of two evil' elections we get year upon year now.
Specifically, I think Obama sees cuts he could NEVER get any other way for Defense and related things the Democrats have traditionally been hard on and looking to shrink, not grow. On the right, they get cuts across a multitude of other specific subsections of government THEY could never get any other way.
Once, again, wait and see.....Everyone will be to blame, so no one will really be at fault. That's how I expect to see both sides play it, at least until the proper mid-term election cycle has begun ...then we'll see what tricks they cooked up now to use for that. It's all really disgusting to watch in my view. The only real losers in this game are all of us. 330 million of us.
This isn't sausage being made, as one Senator quipped some time back. This is more like the start to finish process of chicken nuggets. Just nothing pretty about it and once you see it, you don't even care to have the end product anymore.