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Who came out ahead in the debt ceiling deal?

Asked by cockswain (15276points) August 2nd, 2011

I’m pretty moderate, and I’m fairly satisfied with it. I like the formation of this bipartisan super committee that is charged with finding more cuts, or there will be automatic triggers. I sincerely hope this committee tackles entitlement reform. I think not increasing revenues was pretty lame. I’m holding out thin hope that the future tax reform will go miles to address the complexity of the tax code and the ease of exploiting it. On the whole, I think the influence of the Tea Party on the GOP tipped the balance of the compromise in favor of the GOP. What isn’t apparent to me is how this plan helps the economy right now. I get how the fact that the debt ceiling is raised helps the economy, but not how the plan does.

What’s your opinion about it?

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