With Americans still sitting on the edge of their seats waiting to see IF Congress can chisel out an "agreement" re the debt ceiling, it is time for progressives and leftists alike to admit one painful truth: The Tea Party has won!
It no longer matters in principle which austerity package garners the most votes. It doesn't matter whose plan it is. It doesn't matter how many trillions they lop off. None of this matters anymore.
What does matter is that austerity for the bottom 90% is the name of the game. Both mainstream political parties have embraced this methodology. With the exception of a very few mavericks, all the plans on the table follow the same basic blueprint. The differences in the various plans proffered are small. The basic formula is to gouge, gouge, gouge.
This is the focus those in the Tea Party wanted and that's what they got. So, they are the big winners here...which means the rest of us will wind up as the big losers.
It no longer matters in principle which austerity package garners the most votes. It doesn't matter whose plan it is. It doesn't matter how many trillions they lop off. None of this matters anymore.
What does matter is that austerity for the bottom 90% is the name of the game. Both mainstream political parties have embraced this methodology. With the exception of a very few mavericks, all the plans on the table follow the same basic blueprint. The differences in the various plans proffered are small. The basic formula is to gouge, gouge, gouge.
This is the focus those in the Tea Party wanted and that's what they got. So, they are the big winners here...which means the rest of us will wind up as the big losers.
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