re: #335 Obdicut

No, Dark. It’s not the tax or regulatory environment. It’s mostly uncertainty about the actual market, i.e., consumers, and the fact that we’re cutting spending in the middle of a recession, which means the recession will deepen and consumer spending will go down.

The blackmail over the debt ceiling has scared the shit out of everyone, because the GOP is putting politics way ahead of the economy or the deficit on every level. If they were honestly going after the deficit, that’d be one thing, but instead they’re just reducing spending, mindlessly.

FAA shutdown at heart is about whether Democrats or Republicans get to call the shots
Associated Press 08/04/2011
Author: Joan Lowy
Copyright 2011. The Associated Press. All Rights Reserved.
“WASHINGTON (AP) - On the surface, the partial shutdown of the Federal Aviation Administration is about whether to cut $16 million in air service subsidies, a pretty small amount in this town. Underneath are layers upon layers of political gamesmanship that, at its heart, is about whether Democrats or Republicans get to call the shots in Congress.”
(cont.)