Thursday, October 3, 2013

Why worry?

In 1992, the GOP lost seats due shutting down the government. Today, the majority of the GOP are more worried about losing primaries to even more extreme candidates. As the following quote from this Politico article sums up:
"Most of the Republicans digging in have no reason to fear voters will ever punish them for it.  
The vast majority of GOP lawmakers are safely ensconced in districts that, based on the voter rolls, would never think of electing a Democrat. Their bigger worry is that someone even more conservative than they are — bankrolled by a cadre of uncompromising conservative groups — might challenge them in a primary.  
So from the standpoint of pure political survival, there’s every incentive to keep the government closed in what looks like a futile protest over Obamacare."
Don't think the debt ceiling debate in two weeks will be any different. I expect that to fail as well, and have even more severe results to the economy than shutting down the government.

In short, situation normal in D.C.

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