Debt Ceiling

From Yahoo News:
"Obama vs. Cantor: Tempers flare as debt ceiling negotiations take a dramatic turn"

President Obama and House Majority Leader Eric Cantor engaged in a high stakes test of wills at Wednesday's debt ceiling negotiations in the White House, trading dramatic ultimatums in the most intense round of talks yet. With tempers boiling over, Cantor took his grievances public in an unprecedented press conference after Obama issued a veto threat and told the Republican lawmaker he'd had "enough."

^ I think that both sides (the Democrats and the Republicans) need to stop their back-and-forth propaganda fights and fix this issue. With that said I do think Obama is doing more harm than good in resolving this. All he is doing is making a media show that attacks everyone and is not doing anything of importance. He is acting like a little kid that wants to draw attention away from his ineffectiveness and place blame on others. I think that he needs to put his "big boy pants" on and work with the Democrats and Republicans to find compromises. Two issues I think are important to both sides are taxing the rich (the Republicans should allow this) and not touching Social Security or Medicare (which the Democrats do not want to touch.) Neither side will get everything they want, but the debt ceiling crisis needs to be fixed before August so the US can continue to get out of the recession. If these talks don't fix anything then not only will the US economy suffer worse than it did a few years ago, but the role we earned in 1991 as the world's sole Super Power (economically, politically and socially) will also be lost. ^

http://news.yahoo.com/obama-vs-cantor-tempers-flare-debt-ceiling-negotiations-