Sunday, August 7, 2011

Fareed Zakaria - Budget Deficit

On Thursday's The Situation Room, Fareed Zakaria said the tactics used by Tea Party congressmen in the debt ceiling debate were akin to holding the country hostage and threatening to "blow up" the economy.


"So nobody has ever held a country hostage and say [sic] if you don't pass our policies, we'll blow up the economy, we'll blow up the credibility of the United States," Zakaria remarked on CNN Thursday. He called the recent debt ceiling fight "unprecedented" and slammed the Tea Party for its refusal to compromise."




"This is why the Tea Party's insistence on holding the debt ceiling hostage in order to force its policies on the country – the first time the debt ceiling has been used this way – was so deeply un-American," Zakaria ranted in his newest Time cover story.


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