Friday, October 11, 2013

Kicking the Can

The much-hyped meeting yesterday at the White House between President Obama and a bunch of Republicans did not produce a deal to re-open the government and raise the debt ceiling.

That’s the the basics, so even if you’re into reading all the signs and the signals and the tea leaves that are strewn out by the Villagers who make their living doing that, we are still where we were at this time yesterday.  (One bit of good news: the Congress passed and the president signed a bill to pay death benefits for soldiers’ families.)

But even if they had struck a deal yesterday, it would have only raised the debt ceiling for six weeks, it would not have reopened the government offices that are now closed, and given the Republicans six more weeks to come up with even more things to hold hostage.  What’s next; no deal until every high school in America is named for Ronald Reagan?

It was very nice of the president to invite the Republicans over, but unless we get a budget and a long-term debt ceiling hike, all it is is just talk, and we’ll go through all of this again in time for Thanksgiving.