andogo's blog

The tea party movement began when a tea bag protest on a web forum and a call to action from CNBC commentator Rick Santelli were the origins of the modern Tea Party movement. This movement were created due to the US’s problems in the federal government, federal spending and federal debt.

There appears presidential candidate and ultra-conservative congresswoman Michele Bachmann prays every day for guidance. “The American people are looking for someone who will say, ‘No’,” she said last week. “I will be that person… I won’t raise taxes. I will reduce spending. I won’t vote to raise the debt ceiling. Although ultra-conservatives are not in control of the White House and the Senate, they feel they have the political wind at their back.

The struggle to secure a deal between the Republicans and Democrats to lift the $14.3 trillion cap on the country’s national debt is seen by disinterested onlookers as a foolish squabble between self-serving politicians. The reason the US is so close to economic calamity is that its politicians have existentially different views of the world.

The Democrats know that being the defenders of debt, deficits and taxes does not play well with the US electorate, and that to allow another wrangle over the national debt limit in six or nine months is tantamount to signing a political suicide note. Better secure a deal with the Republicans now than allow this fight to go into 2012.

Economically, the Tea Party argument is feeble. Countries’ debts are not like individual households; they can be serviced over generations. In the aftermath of a credit crunch, a country that tries simultaneously to cut public and private debt will suffer prolonged economic stagnation or depression. The cost in lost opportunity, broken lives and bust businesses is too high to slash public debt; indeed, the right action may be to increase it.

Personally think thar if all politicians independently if they’re Republicans or Democrats looks the same, looks the power. As in this case in which the Republicans such consequence the Tea Party movement have to take advantage of to support this movement and of this way obtain the control of the White House. For doing that Michele Bachmann say that she’ll reduces taxes and spending in order that to obtain support of this movement. Maybe that Michele Bachman doesn’t knows if she’ll resolve the problem, but she knows that she’ll is president and this is the really she looked.

http://fores.blogs.uv.es/2011/07/31/03-us-economy-the-tea-party-is-a-real-threat-to-america/