Teapublican Obstinance Jeopardizing Economy Again.

Last Fall, Teapublican demands that Democrats make drastic cuts to the so-called “entitlement” programs led our still fragile economy to the very brink, resulting in the first ever downgrade of our credit rating.  While Democrats were willing to make cuts, Teapublicans steadfastly refused to consider revenue increases such as letting the Bush tax cuts expire for those who make more than $250,000 per year in adjusted gross income.

Now Teapublicans are at it again.

They refused to discuss the budget and debt ceiling until after the election, hoping that they would gain control of the White House or Senate so they could force through their own agenda.

In the meantime, the uncertainty is causing manufacturers and other large corporations to hold back on investments in production and hiring.  As a result, our economy is growing at a much smaller rate than it might otherwise.  And, if Teapublicans again push deficit discussion to the brink, they just might cause our economy to go over the cliff again.

Don’t believe me?  Read It’s Even Worse Than It Looks by Thomas E. Mann and Norman J. Ornstein.  It details the history of the dysfunction of our political system and places much of the blame on Newt Gingrich and the new breed of ideologues in the Teapublican caucus.  And before you think the authors are “wild-eyed” liberals, Mann is a senior fellow at The Brookings Institution and Ornstein is a resident scholar at the conservative American Enterprise Institute.