How SuperBill Would Have Handled the Debt Ceiling Crisis
According to Jonathan Chait.
The biggest single difference is that the Clinton administration simply refused on principle to get jacked up on the debt ceiling:
Still, even though Clinton enjoyed political and economic advantages that Obama does not, his no-compromises strategy had some clear advantages. Unlike Obama, he refused to let the threat of default set the national agenda. Because he would not enter into negotiations over the debt ceiling, the issue barely roused the public consciousness. On November 9, 1995, a senior administration official told the Washington Post, “Our position is it does not matter what they put on this legislation, we are not going to accept anything but clean bills because we will not be blackmailed over default. Get it? No extortion. No blackmail. What you hear are their screams of complaint as they realize we are not, not, not budging on this.”
Kind of hard to imagine somebody from this administration talking like that.
At least he concedes that the Republicans of 1994 were not the Teathuglicans of 2011. Although I think he’s underestimating the situation a great deal when he says “they weren’t that much less destructive and crazy.” You think? Even Republican presidential candidates (every one except Huntsman) this time were saying that the debt ceiling absolutely should not be raised.
Anyway, everyone’s entitled to their opinion. Now I’m just waiting to hear how Clinton was so much more effective at getting health care reform passed, kept children from being thrown off of Medicaid rolls and SCHIP and never agreed to pass DADT or DOMA. Oh. Wait.
Posted by marindenver on 08/03/11 at 01:31 PM • Permalink
Categories: Politics • Barack Obama • Editorials • Health Care • Manic Progressives • Our Stupid Media •

