Washington Unwilling to Face Debt Crisis

Monday, 18 Jul 2011 10:02 AM

By S.E. Cupp

  Comment  |
   Contact Us  |
|  A   A  
  Copy Shortlink
It certainly wasn't the first, but the elder President Bush's emphatic request to read his quivering lips about "no new taxes" — and the broken promise that followed — ended up being one of the more memorable instances of political takebacks in modern history.

After negotiations with the House and Senate stalled, Bush of course went ahead and raised taxes in order to reduce the national deficit and reach a 1990 budget agreement, a move that effectively ended his reelection chances when speechwriter Peggy Noonan's famous campaign zinger was used against him.

Someone should remind both President Obama and Congress that, like then, it's the economy, stupid. And voters are taking it seriously. For as they try to reach a deal on the debt ceiling, they seem as untrustworthy as George H.W. Bush was when he broke that fatal promise.

To read more, Go Here Now.

© 2014 Newsmax. All rights reserved.

  Comment  |
   Contact Us  |
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
Retype Email:
Zip Code:
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

2016 Democrats Must Admit Failures

Wednesday, 23 Jul 2014 09:24 AM

Some paths are clear. Sen. Elizabeth Warren, who insists she isn’t running, is the reluctant fundamentalist, more commit . . .

Gun Control Activists' Cheap Gimmicks

Tuesday, 22 Jul 2014 13:14 PM

The problem with gun violence isn’t the woman with a concealed carry license at her suburban Target or Chipotle . . .

Lessons Learned From the Rise of ISIS

Thursday, 19 Jun 2014 11:08 AM

Was Joe Biden right? It’s the question swirling through the punditocracy as it debates the latest installment of the can . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

America's News Page
©  Newsmax Media, Inc.
All Rights Reserved