2013 Symposium: We Are Currently $18 Trillion In Debt; What Should We Do?

Cartwright: We’ve discussed this extensively before. I believe we debated it at length at one of the champagne summits back in October. The Republicans had the Democrats and Mr. Obama over the barrel back in October with the government shutdown and they caved in. They got scared that the media was blaming them and that the public was turning against them, so they rolled over and gave in. They could have forced the Democrats and Obama to do whatever they wanted by just keeping the government shutdown. The voters would have forgotten about it all by the time the 2014 mid-term elections came up. But no, they gave in and got nothing for it. In fact, Mr. Obama and the Democrats came out smelling like a rose. Continue reading