Daily Archives: August 27, 2010

Has The Republican Party Learned?

I think it is likely that the Republicans will take control of the House this November. The senate is a much steeper hill to climb, but not out of reach. (Personally I think they’ll miss on the Senate, but I withhold final predictions until we are closer and there is more data.)

Regardless of the Senate, I think just from the House we might see some clues to if the republicans truly have becom serious about debt or if that is all just election year smoke and mirrors.

Defunding Obama’s projects and initiatives will be meaningless data. Simple partisianship will compel them that far. What will be telling is if they are willing to cut any program that they are the proponents for and has serious electoral consequences. (Such as Farm Subsidies.)

Color me pessimistic on the odds of this happening. I think that they, the Republicans, have not spent enough time in the wilderness. They’ll attack Democratic spending with vigor, but I think that their own cows will remain most holy and untouched.

I do not think theĀ  ‘Tea Party’ will drive the Republican into serious thought about debt and spending.

I would be happy to be wrong. I think that all empires fade and this could be the twilight of our own. Unless we get serious about bringing our financial house in order, very dire consequences could befall our nation. Ones too painful and terrible to contemplate.

What signs would you read as proof the Republicans were serious about this issue?

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