AFP: Boehner warns of jobs ‘jeopardy’ if US defaults
“There is no agreement, in private or in public,” he said. “It’s not like there’s some imminent deal about to happen. There are serious disagreements about how to deal with this very serious problem.”
Boehner faces pressure from Republicans close to the archconservative “Tea Party” movement to reject any compromise that raises taxes, something he has already publicly ruled out.
Obama faces pressure from Democrats outraged by talk that he might agree to cuts in the fraying US social safety net, notably to the Medicare health program for the elderly and disabled and to Social Security retirement benefits.
Talks about raising the debt ceiling should not have ANYTHING to do with all of the political posturing and preening going on in Washington.
What far too many people fail to realize is that the Republicans don’t give a rat’s ass about the economy or the middle class. They’ve managed to convince far too many people that Obama is to blame for the current economic crisis, even though the country was doing very well prior to the adoption of the Bush tax cuts. The wealthy were not suffering, there were jobs and we had a robust economy. Since the tax cuts and wars began, the rich have made money hand over fist while the middle class has seen no measurable gains whatsoever. Anyone that still thinks the current Republican Party is watching out for the little guy is about as smart as a bag of dirt.