I agree with Mr Jacoby that the demonizing of
opponents has contributed to the gridlock in Congress. Unfortunately
from day one, Republicans have worked relentlessly to make President
Obama either a one term President or to overturn every legislative
program he proposes.
There has been no hint of accommodation on the Republican side
and, in the first term, the President was attacked by liberals for
compromising too much (e.g., no single payer option in Obamacare).
I do take exception to Mr. Jacoby's context free comment about then-Senator Obama's vote against raising the debt limit in 2006.
At that time, the US was in the wake of President Bush's tax
cuts. GDP was then at an all time high of about $12 trillion and was
rising at an annual rate of 6%. Now 7 years later GDP, after declining
during the financial crisis, has risen to $16 trillion; but the rate of
increase has been a sluggish 3%.
In 2006, the good times, it was a good idea to close the gap
by increasing revenue rather than raising the debt limit. Today, either
increasing revenue or cutting expenditures would be a very bad idea
indeed.
Sent to Boston Globe
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