Tuesday, July 26, 2011

Good Advice From Fred Thompson

Former senator Fred Thompson has some good advice for the House GOP in the debt-limit situation. He's a little premature in declaring victory, since nothing has been agreed upon, but he believes that Republicans have forced a situation where Democrats will have no choice but to agree to some cuts, without tax increases, in order to raise the debt ceiling. Here's the key advice at the end of his open letter.
We will never achieve entitlement or tax reform with a doctrinaire liberal in the White House. Any agreements to do so in “out years” would probably be unenforceable even if agreement were achieved. And we can only do so much while controlling one half of one branch of government. Ladies and Gentlemen of the House Republicans, you have laid some great groundwork to rectify both of those situations. Now it is the time to accept a well-won victory and move on.
I think he's exactly right. Block tax increases, get some spending cuts, and raise the debt ceiling to avoid default and/or credit rating downgrade. With Obama in the White House, and Democrats controlling the Senate, grandiose reform plans that really address the deficit & the debt are just not feasible. Democrats do not want to cut spending. They want to spend more. Republican focus right now should be to block Obama from further increasing the size of government and its spending, and on the 2012 elections. Serious fiscal reform will require a Republican president and more Republicans in Congress.

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