There is nothing more basic than that. Neither party would sacrifice personal power in order to save the economy of the United States of America.
You're wrong and there is nothing simple about it.
The Democrats could have forced this bill through by sheer numbers. However, it does no good if it gives Republicans ammunition to blame the coming economic woes on the Democrats, and potentially cost them control of the House and/or Senate later. Both parties needed to "own" this bill, and the Republicans are acting like a bunch of whiny schoolchildren after many concessions were made to them. This bill would not "save" the economy. The current problems are only the beginning. We are in deep shit. This bill was a band-aid to keep things going while more long-term solutions are created.
Would you have rather the Democrats sacrificed "personal power" for this bill, so that the Republicans could instantly repeal it and go back to the same policies that got us here in two or four years? There needs to be massive reform in the financial and housing markets, and I, for one, do not want the same people who got us into this mess in charge of getting us out of it.
no subject
You're wrong and there is nothing simple about it.
The Democrats could have forced this bill through by sheer numbers. However, it does no good if it gives Republicans ammunition to blame the coming economic woes on the Democrats, and potentially cost them control of the House and/or Senate later. Both parties needed to "own" this bill, and the Republicans are acting like a bunch of whiny schoolchildren after many concessions were made to them. This bill would not "save" the economy. The current problems are only the beginning. We are in deep shit. This bill was a band-aid to keep things going while more long-term solutions are created.
Would you have rather the Democrats sacrificed "personal power" for this bill, so that the Republicans could instantly repeal it and go back to the same policies that got us here in two or four years? There needs to be massive reform in the financial and housing markets, and I, for one, do not want the same people who got us into this mess in charge of getting us out of it.