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Opinion: Despite federal deal, still lots of work to be done on budget


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Publisher’s note: This editorial is from the Aug. 1, 2011, Reno Gazette-Journal.

It would be difficult to find anyone anywhere who’s happy about the deal reached by President Barack Obama and Republican leaders to raise the federal debt limit over the weekend.

It also would be difficult to point to anyone in the nation’s capital who has performed heroically in recent weeks — not the president, not the leaders of either party in Congress — as the deadline for avoiding an unprecedented default approached.

There were no winners in the long, bitter debate and lots of losers — including a president whose approval rate has hit a new low.

By the time the politicians stepped to the microphones on Sunday to announce that they had an agreement, many Americans had had enough of all of them. And the nasty sniping that continued on Monday only added to the perception that the American government was no longer working to the benefit of the citizens.

But on Saturday it was clear that Congress had reached a stalemate. As in any game of “Chicken,” there comes a time when someone must turn away or risk catastrophe. When the Senate rejected the latest House plan to raise the debt limit and the House rejected the latest Senate plan, even before the Senate voted on it, the time had come.

That’s when the combatants should — and did — call an end to the current hostilities and move on to the next battle. And there are lots of battles yet to come.

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Comments (5)
  1. Clear Water says - Posted: August 11, 2011

    If you didn’t Cash$$$ in your Gold at records highs, You Missed The Boat To Easy Money.1800.00 a ozer doesn’t HAPPEN VERY OFTEN $.

    They are really working the system before the winter sets in and ob-la,ob-la-DA,get ready for utilities to increase ,but I’m not telling any you smart consultants anything new,keep crying in your suds and old vintage,while the rest dance while my guitar gentle weeps!

  2. lou pierini says - Posted: August 11, 2011

    $1800.00 could be the start of the Golden Rule.

  3. Clear Water says - Posted: August 11, 2011

    Lou that’s million dollar question,thought about you as I sat watched the Phish concert feeling somewhat happy,the golden pie could rage higher but hell Lou,it was a good bump in the road .

    Better than a cliff hanger…and the two nights at Harvey’s was beyond words of happiness.
    luck comes in waves,Take the double odds ,sometimes the sky rains good karma.

    Life is A GAMBLE , THERE’S NO SURE THING,Sitting on a fence doing nothing just makes a person grow old with worry.

    It’s one thing to make a million, another to hang on to it.If you lose ,you can always go back make another.

    How about 2000.00 ozer before 2012…”It’s well with in the game of luck”.

  4. What?? says - Posted: August 11, 2011

    What are they smoking?

  5. Clear Water says - Posted: August 12, 2011

    Benjamin Franklin