Debates over how to control debt occur naturally during any time of financial crisis. However, debates among a party worried about elections in the fall should find a stable platform before it's too late. Debates among the Democratic party "represents the churning of a cultural faut line that has defined and destabilized democratic politics pretty much since the onset of the Great Society". So far, arguments involve primarily the development of short term and long term repars to control government debt. The majority of Democrats are relatively unconcerned with the governmental debt due to historically low interest rates, however, a growing number fear for the future of the economy if Washington doesn't cut back on spending. Obama, unfortunately trapped in the middle of the squabbling factions, is attempting to mollify both, always a dangerous decision. These debates could completely tear the Democratic party if the Congress isn't careful.
Article Referenced:
Bai, Mat. "For Democrats, Debt Debate and Familiar Ring of Disunity." NYTimes. New York Times, 7 July 2010. Web. 28 Aug. 2010
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