The Lowe Down



<< Previous entry: Chan Lowe: An imaginative way to win the war in Afghanistan

>> Next entry: Chan Lowe: Art?...in public places

Chan Lowe: Tea party plays with matches


grownups.gif

Normally, inter-party one-upmanship in the halls of Congress is, like polo, a spectator sport that appeals to only a slim cohort of the general public. It shouldn’t be this way, but what with the demands on the average citizen’s time of making a living, raising a family, and other mundane tasks, most of us (unless we watch this stuff for a living) only have the luxury of tuning in for a couple of months right before a big election.

Unfortunately, the latest “crisis,” which could result in the nation’s default, is much more serious that usual and warrants our full attention. If we stop paying our bills on time, we will lose our worldwide financial credibility. For starters, we’ll have to pay more to borrow money from our Chinese bankers, for example, and everything we want or need is going to cost us more. Are we ready for a permanent recession?

I’m no economist, but I’ve been listening to experts who do know something, and they’re preaching dire consequences if we don’t raise the ceiling. There are a lot of people on the right who discount what they say, and they could be correct, but I don’t want to find out they’re wrong the hard way. It just isn’t worth the risk.

It’s ironic that it was intransigence about taxes on the part of the British crown that sparked the first tea party. Today, a group that styles itself after those original rebels is being equally intransigent over the very same topic. They happen to hold a lot of political sway in one of the houses of Congress, which doesn’t necessarily put them on the side of the angels.

Maybe it’s fitting that tea partiers helped pave the way for the birth of a great nation, and it’s tea partiers who may be leading it into eclipse.

Categories: None
submit to reddit
add to delicious


Comments

We need to stop being slaves to the Chinese and to the neocons' ignorance. Defaulting means we say buh bye to walmart.
If we decide not to default then for petes sake quit foolin around and put a 50 cent tax on gas. We got bills to pay.
It is that simple


Well, the one silver lining is that if democrats and republicans drive us off the cliff, we might actually be able to get rid of them and replace them with a new 3rd part with "Do what works" as it's only dogmatic principle. (Can always hope).


isnt this the 2nd summer of recovery?

when looking back at all the quotes from pelosi, biden, obama, reid, frank, dodd, etc about how many jobs their policies were going to create, how well the stimulus was working & how guys like geithner would help us along...i'm really only left w/ 2 choices

1. either they were completely lying to us or

2. they sincerely had absolutely no clue what they were talking about

i dont think i want leadership that falls into either category


"but I don’t want to find out they’re wrong the hard way. It just isn’t worth the risk."
Thats why we are in this mess, no one wants to do whats right, because its hard.
So once again, the next generation will have to deal with it, if we make it that far.


Sometimes I wish I wasn't a "news junkie" & just paid attention to minutiae ....Who won American Idol,sports, game shows & the like...Or- played Bingo, Shuffle-Board,cards..Riding off on a golf cart, into the sunset..
But-Alas, I don't...Actually pay attention to world events & issues- Elections & all that boring stuff.
After reading a Paul Krugman column,plus many many other opinions,I've come to one big conclusion ----"We're Screwed"---As you draw in your cartoon, the Dynamite is almost lit... Another great column....


funny but scary.


The dumbing down of America is reaching it's natural conclusion.All these self-ascribed "True Patriots" who waited to "learn" about history or economics until their late 30's ,40's or 50's and then attended the Glenn Beck University of Parallel Reality or The Rush Limpballs School of Distorted Facts are going to be in for one hell of a shock if this debt ceiling isn't raised, and soon. The interconnectivity of the world's economy will again come back to castigate them and prove how puerile their "purist" beliefs really are. As retirement plans, based in a large part on overseas investments, will take ANOTHER major hit and world confidence in the dollar shatters dropping it's purchasing value and Treasury bonds are dumped by other countries, unemployment rises dramatically and anyone with ANY stock holdings will see those values plunge 30-50%, they will blithely "blame it on Obama" and prove exactly how ignorant they truly are.


Leave a Reply

COMMENT BOARD GUIDELINES:

You share in the SunSentinel.com community, so we just ask that you keep things civil. Leave out the personal attacks. Do not use profanity, ethnic or racial slurs, or take shots at anyone's sexual orientation or religion. If you can't be nice, we reserve the right to remove your material and ban users who violate our Terms of Service.


Post a comment


(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

Verification (needed to reduce spam):

Advertisement
About the author
Chan LoweCHAN LOWE has been the Sun Sentinel’s first and only editorial cartoonist for the past twenty-six years. Before that, he worked as cartoonist and writer for the Oklahoma City Times and the Shawnee (OK) News-Star.

Chan went to school in New York City, Los Angeles, and the U.K., and graduated from Williams College in 1975 with a degree in Art History. He also spent a year at Stanford University as a John S. Knight Journalism Fellow.

His work has won numerous awards, including the Green Eyeshade Award and the National Press Foundation Berryman Award. He has also been a finalist for the Pulitzer Prize. His cartoons have won multiple first-place awards in all of the Florida state journalism contests, and The Lowe-Down blog, which he began in 2008, has won writing awards from the Florida Press Club and the Society of Professional Journalists.
Connect with me


Search this blog
Get text alerts on your phone


Send me the following alerts:

STORM - Weather Alerts
NEWS - Breaking News Alerts
LOTTO - Lottery Numbers
SPORTS - Breaking Sports News
BIZ - Business news headlines
ENT - Entertainment news headlines
DEALS - Free offers and money saving deals


You can also sign up for by texting any of the above keywords to 23539. Standard messaging and data rates apply.
E-mail newsletters
Get the news that matters to you delivered to your inbox. Breaking news, hurricane alerts, news from your neighborhood, and more. Click here to sign up for our newsletters. It is fast, easy and free!