Day: July 23, 2011

More Fiscal Crisis . . . and the Reasons for It

Talks broke off again yesterday between President Obama and Speaker Boehner regarding the debt crisis. Obama held a press conference first, claiming the Republicans just don’t know a good deal when they see it. Boehner followed with his own, noting that they were close to an agreement until Obama made a last-minute demand for more tax increases. He still labors under the ideology that seeks to drain as much out of the private sector economy as possible for the benefit… Read more »