Here are the
priorities that the President is addressing during the current debt-ceiling/shutdown
negotiations: 1) the American people, 2) the world economy, 3) our long-term
debt problem, 4) maintaining Obamacare on its current course, 5) assuring that
he never has to submit to the Tea Party’s demands again.
The Republicans
first stated that their only priority was to kill Obamacare. This position caused the government shutdown
and the Republicans favorability ratings fell to historical lows. The Republicans then decided that all they wanted
was to negotiate with the President. In
turn, the President said he would negotiate only if the Republicans pass a
no-strings-attached continuing resolution (to reopen government) and a
no-strings-attached increase to our debt ceiling (to allow the United States
to borrow the money it needs to keep spending more than it taxes).
The President’s
“no-negotiations” and the Republicans “we just want to talk” was last week’s
standoff. Americans were rightly frustrated.
To cool down
the situation, the President said he was willing to talk to the
Republicans. The Republicans took this
to mean that the President was willing to negotiate – he is not. The President re-affirmed that he will only
accept clean (no-strings attached) bills to reopen government and to raise our
debt limit. The President has been very
clear that he will not discuss other issues until after the passage of these
clean bills. If the Republicans would
offer solutions to our debt and spending problems, the President would probably
consider them. However, the Tea Party
cannot control themselves and they will surely push for a major slap-down of
Obamacare.
The Republicans
have not been listening to the President.
They (or at least the Tea Party) believe that they are now
negotiating. Republican Congressmen are
drafting legislation to define the strings they want attached to the bills. Unfortunately, there are ideologues in the
Tea Party that do not understand public opinion, do not understand that they
are hurting America
and do not care. They believe that their
cause is so pure that they are doing what is right for America . It would appear that the title “Tea Party” is
a synonym for self-righteousness.
Next week the
Republicans will state that the President has reneged on his offer to negotiate
– when he never offered to negotiate.
The Republicans will allow themselves the delusion that they are right
and that the President’s “not negotiating” will “poll” well for the
Republicans. The Republicans do not get
it – Americans do not care about the sausage making. Americans just want solutions.
The President
could have achieved all his priorities except his last priority (removing the
Tea Party’s influence) through the normal course of business. However, the Republicans did not want to
follow the normal course of business.
They wanted to inject Obamacare into the budget and debt-ceiling
bills. This gave the President the
opening he needed to cut the legs out from under the Tea Party (and the
Republicans).
Americans are blaming
the Republicans for the government shutdown and for the potential to default on
our debt. Therefore, the President is
holding all the cards. He can push this
battle right to the edge of the cliff and wait for the Republicans to
blink. Unfortunately, the self-righteousness
Tea Party Republicans will not blink.
The stock market will drop two-thousand points, Americans will be
distraught and the Republicans will be rendered impotent.
Another
possibility is that Speaker Boehner will blink before this catastrophe occurs
and allows a vote to be taken in the House.
If so, enough Republicans (and all 200 Democrats) will vote for the
President’s “clean bills.” Either
scenario will split the Republicans along their intra-party lines; Tea Party
versus non-Tea Party members. The
Republicans will not reunite after this event and by default; the Democrats
will be the majority in the House. There
will no longer be a divided government – just a divided party. The Tea Party will never again be able to
hold the President “hostage.”
The President
can do this because he also has another card up his sleeve – the Executive
Order card that will prevent the United States from defaulting on
its debt. The President has repeatedly
stated that he does not hold such a card – but he does. He just doesn’t want anybody to believe that
he would use it. After all, his priority
is to tear apart the Republican Party.
So after the market crashes but before the United States defaults on its debt,
the President will use the Executive Order card. The sun will rise in the East the following
day and the President will be sitting on solid ground.
The President
knows very well that the entire country will support him if and when he issues
an Executive Order to assure that the 14th Amendment of the
Constitution is not violated. That
Amendment states that the debt of the United States shall not be questioned. This will result in some Tea Party
Republicans accusing the President of violating Article 1, Section 7 of the
Constitution that requires the House of Representatives to appropriate all
funds to be spent by the federal government.
The media will sell their products by claiming that we are experiencing
a “Constitutional Crises.” The Republicans
will impeach the President in the House of Representatives. The impeachment will not be ratified in the
Senate and, in the end, the American people will think even less of the
Republicans then they do now (if that is possible).
One way or the
other, the Republicans will lose this fight (actually they have already lost). The world economy will lose as well. Even though the United
States will never default on its debt, just getting close
to the possibility of default will cause another lowering of America ’s
credit rating. This time, the lower
credit rating will result in higher interest rates. The government shutdown will also impact
economic growth. The combined effect of
the shutdown imposed slowdown, and higher interest rates will push us back into
a recession. With the rest of the world
economy so fragile, the American recession will have a domino effect on the
rest of the world.
The President must
be assessing the very situation that this blog describes. If so, he must be calculating that the power
that he will derive from the decimation of the Tea Party will be so enormous
that he will be able to push through legislation to rescue the economy - can
you say stimulus number two?
It is so
frustrating to watch the silliness in Washington
– especially when you know how it will end.
Unless; a Republican leader will stand up and reign in the Tea Party. Or, Senator Cruz stands up and capitulates. Assuming Senator Cruz will not capitulate,
another Tea Party leader (say Senator Paul) could make a speech that sends the
message that it is okay to let the clean bills go through without any Obamacare
stipulations at this time; one of those “live to fight another day” speeches.
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