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Bloomberg BusinessWeek:
It’s part of the essential give-and-take of American
politics. But the debate hasn’t amounted to much lately, in part because
Republicans haven’t been holding up their end of the argument.
Instead,
a vocal minority of Tea Party Republicans forced a government shutdown
over its opposition to Obamacare, which passed a milestone on Oct. 1
when the first websites offering health insurance went online. It’s
worth dwelling, yet again, on the quixotic nature of House Republicans’
demands that the White House and Senate Democrats defund or delay the
Affordable Care Act.
And:
If Republican lawmakers were as responsive to business concerns as they
once were, the chance of a prolonged shutdown would be slim. But that’s
no longer the case. “Republicans are not the party of business anymore,”
says Robert Shapiro, chairman of the economic advisory firm Sonecon.
“They’re the party of antigovernment.”
Goldman Sachs'
Lloyd Effin' Blankfein:
Goldman Sachs chief executive Lloyd Blankfein, while stressing that
the business leaders who met with Obama represented diverse political
views, implicitly criticized Republicans for using their opposition to
the healthcare law as a weapon that could lead to a U.S. default.
"You can litigate these policy issues. You can re-litigate these
policy issues in a political forum, but they shouldn't use the threat of
causing the U.S. to fail on its ... obligations to repay on its debt as
a cudgel," Blankfein said.
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