Thursday, October 24, 2013

Political Debt Compromise Will Be Austerity Not Real Economic Solutions

Brandon Turbeville
Activist Post
October 23, 2013

With the recent government shutdown finally having been resolved, albeit only temporarily, the focus of Washington politicians from both parties is once again focused on the issues of “cutting spending,” “entitlement reform,” and “unfunded liabilities. This time, however, with Obamacare largely out of the debate and set to coast on to become a fact of American life, the possibilities of “compromise” and the Grand Bargain of austerity cuts coupled with the full implementation of Obamacare look more likely than ever before.

Of course, while the corporate media promotes compromise as the backbone of a free society, the fact is that any compromise between Democrats and Republicans will necessarily result in the worst of both worlds, as only the most odious elements of the potential outcomes will almost always be selected for implementation. Indeed, one would be hard pressed to think of a situation in which Democrats and Republicans “came together” and formed a compromise which did anything other than shred the Bill of Rights, implement austerity cuts, raise taxes on the working class or some other tragic farce designed to act as a solution to an entirely manufactured crisis.