Monday, 1 August 2011

Maybe the Tea Party wasn't such a good idea after all

To understand this argument, the best place to start is back in the 2010 mid terms, which provided a platform for many of the tea party  endorsed candidates. Candidates like Rand Paul won many elections around the country ousting the unpopular Democrat congressmen. The election result (a large victory for the GOP) was celebrated up and down the country, the electorate now had congressmen who were elected by the people, for the people. I am sure though that if they could have forseen the consequences of the Tea Party candidates being elected (the current US debt crisis) the mid terms may have been rather different.

I do however appreciate wholly blaming the debt crisis on the Tea Party would be unfair. Many Democrats are being ridiculously stubborn too. What annoys me most is that the Tea Party influence is putting the Tea Party backed GOP congressmen and senators in an impossible position.

The Tea Party are refusing to back any tax increases for the wealthy or any changes to the Bush tax cuts. The Tea Party congressmen therefore have to the same anti- tax increase line or they risk not getting re elected next year (many congressmen only won due to Tea Party backing). The result of this is that it becomes almost impossible to reach a deal. Democrats are demanding tax increases and GOP are demanding spending cuts. For any sustainable deficit reduction deal to be made, it will have to consist of both tax increases and spending cuts. Many GOP congressmen refuse to back any tax increases, due to the stance of the Tea Party; even though Obama and the Dems have agreed to spending cuts, demanded from the GOP.

Now in my mind, in order for a negotiation to be successful, you need a compromise. If one side, in this case the Tea Party refuse to compromise what so ever (like they have been doing for the last month), you can see why a deal between both sides becomes almost impossible; as seen by the fact the US has almost defaulted on its debt.

A resolution to the crisis will only be possible if the Tea Party stop acting like immature children and actually try to reach a deal, rather than promoting their own values. We will see whether this is the case when congress votes later this evening. Don't hold your breath though folks!

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