- The Washington Times - Monday, April 25, 2011

ANALYSIS/OPINION:

Much is being said these days on Capitol Hill about the virtues of compromise.

As schoolchildren, we all heard our teachers talk about the Missouri Compromise. It may have helped hold the peace for 40 years, but it did so at the cost of the development of slavery and eventually, Civil War erupted anyway.

Our last Congress didn’t compromise at all. The majority party reminded the minor party that elections had “consequences” and even when the Republicans wanted to confer after a robust session, the speaker of the House ordered the lights to be turned off. Hence, the request to compromise is a tactic of the loser.

Should we compromise when the situation is as dire as it is at present? We face the downgrading of our national credit rating; much of our debt is in short term bonds that will potentially have to be renegotiated at a higher rate. Perhaps we will have to fire up the printing presses and unleash devastating inflation. Our paper money has value because it is backed by “the full faith and credit of the United States,” but there is little faith and hardly any credit left. Surely, no one has missed the soaring prices of gas and food lately.

There comes a time when one must stand firm and insist on the prudent course, not compromising a whit. That is why the majority voted as it did in November.

JAMES KEEFER

San Francisco


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