The video below does a fantastic job of revealing the rank hypocrisy of BOTH the Republicans and the Progressive-Democrats on the subject of the ironically named “reconciliation” process.
The most damaging section starts at 3:50 with then Senator Joe Biden.
On one hand, this video destroys the myth of Obama delivered, post-partisan change.
On the other hand, it reminds us of the free market school of thought that says an organization should be allowed to fail as a result of their poor decisions. Perhaps the Republicans deserve to suffer defeat on this one. The problem with that is this defeat will be shared by people not even born yet, as they shoulder the burden of this legislation.
Again, though we wonder if the best thing in the long run isn’t to let this monster of a federal government kill itself with its own “success”.
When unfunded liabilities in Social Security and Medicare are accounted for, the feds have no way to pay the debt that’s coming due without raising taxes AND printing money (both at a furious pace). We wonder how long the American dream and her current federal government will exist under the reality of skyrocketing taxes AND a debased currency.
It seems too cynical to hope for the destruction of the federal government through financial ruin, just so a new one can be built in its place. The concept sounds familiar though.
This is not arrogance, it is criminal.