Thursday, January 6, 2011

Dear Mr. Boehner

You are now Speaker of the House of Representatives in the US Congress. Your Republican Party controls the House and you are in charge of fiscal matters.
Item 1 - today, after less than 24 hours of leadership, you announced that budget cuts of 100 Billion US Dollars may not be possible this year. During the campaign last fall, the GOP and the tea partiers ran on a pledge to reduce budget deficits and  brandished the figure of 100 Billion.
What happened? Reality check? Lack of conviction? Weak resolve?
While you were busy telling America that budget cuts could (read that "would" in the language of Washington) be less than hoped for this year, the chairman of the largest and most influential bond brokerage in the world and one of the largest buyers of US Treasuries said that he fears that if America doesn't stop its feverish pace of deficit spending and out-of-control budgets, it will invite catastrophe.
Item two - you have determined that the most important first piece of legislation you can offer to the USA is a repeal of Obamacare. You know that such a bill will fail in the Senate, and if by great chance it gets by, that President Obama will veto it. No one will take your action for anything but comedy unless you back it up with a piece of legislation that repeals that parts of Obamacare that Americans do not want, and that solves the health care cost quandary that the Democrats left behind them. Until you are ready to present this legislation, forget about repealing Obamacare. American will see you as ridiculous and quit your ship.
If you and your colleagues insist, pass a "sense of the House" resolution condemning Obamacare's lack of cost control and effort to insert government big-time into the delivery of American health care. But, for goodness sake, stop acting like spoiled kids.
This is possibly the last chance America has to put its fiscal house on the road to recovery before it falls in on our heads. Please don't blow the chance with party politics.
And, as everyone but the last Democratic Congress knows, JOBS are the key to recovery. Figure out how to create them. It's not through fudging budgets or tweaking the President over Obamacare, but through a thorough overhaul of the spending profile of the federal government and the tax code that jobs will be created and maintained.
Mr. Speaker, we are waiting. Don't disappoint us. Don't deceive us. Don't suddenly flop back into politics as usual. Get the job done.
  

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