Blogs For Victory

From Politico:

…The Ohio Republican used a speech to the Economic Club of New York to unveil a staunchly conservative plan to offset a debt ceiling hike with spending cuts of a greater amount, putting House Republicans on a collision course with Democrats who want much more modest spending restrictions attached to the vote.

He also told a packed, well-dressed ballroom at the Hilton New York that the debt limit has no “hard date” — a sign he does not take seriously the Democrats’ dire warnings of default in a few months…

And he’s right about that. Democrats are trying to stampede a debt ceiling increase in the $2 trillion-range – enough, most likely, to ensure that no further increase in needed before January, 2013 (convenient, huh?). In service of this, Democrats are asserting that if we don’t jack it up right away, no questions asked (and no serious cuts needed), then we’ll immediately default and granny will have to eat dog food. This is utter nonsense – the merest political scare tactic. Democrats just don’t want to cut – not anything, if they can get away with it.

Default does, indeed, stare us in the face – but not on account of our failure to borrow more money. That is what the debt ceiling is about – it isn’t about taking care of current expenses and current debts, but of piling up ever more debt so that nothing of consequence in government is cut. But if we don’t cut spending, then it two or three years we will be up against the fiscal wall – either having to borrow at ruinous rates, or having to go in to default. If we don’t raise the debt ceiling a penny not only will we not default, we’ll be better off. That is the hard fact Democrats don’t want anyone to realize – if we cut spending, we can raise the debt ceiling to $20 trillion. It won’t matter – we’ll never hit it. We’ve got ’em by the short hairs here – they desperately want it and are talking themselves in to a corner where they have to have it…and so we can make them pay for it.

Boehner is playing this just right – and while he’s doing it, we GOPers and all fiscal conservatives have to stand behind him.