Debt Crisis: It’s Time to Break Out Las Velitas

In true Latina fashion, when a Washington Post reporter asked Representative Ileana Ros-Lehtinen on “whether leaders will forge a way forward on debt ceiling,” the Miami Congresswoman, and first Latina elected to Congress, responded “light a candle.”

For many Hispanics, especially those who grew up in the Catholic faith, lighting a candle, una velita, is a gut reaction when you want prayers answered. Millions of Americans, and people around the world, are now praying that leaders in Washington come up with some solution to this debt crisis.

I followed Rep. Ros-Lehtinen’s advice, I lit a velita.

Tune into any news station and countdown clocks constantly remind you of the upcoming debt deadline. Some say the August date is arbitrary. Others predict doomsday if a deal is not approved by the deadline – four days. Whatever you believe, I hope that there is some sort of solution, ASAP.

In many ways the Republicans have won this debate. The public’s focus is on reducing government spending. No viable solution includes an increase in taxes. I look forward to a passage of a bill that significantly reduces our bloated federal government and does not allow for a repeat debate on the debt ceiling next year right before the 2012 election.

Governing is not easy. Yet, a deal must be made. In all honesty, I’m worried if the government defaults the American public might blame the GOP for the default, and for the loss of America’s AAA credit rating. Matt Lewis had an interesting take on the Daily Caller: Three reasons Republicans will be blamed for a default.

It is clear that this debate isn’t helping President Obama. A new Gallup poll shows that President Obama’s approval rating has hit all-time low of 40%.  http://usat.ly/rpNZ5Q. According to USA Today:

“Obama’s approval rating averaged 46% in June and was near that level for most of July,” the poll reported. “However, it has stumbled in the past few days, coinciding with intensification of the debt ceiling/budget battle in Washington.”

President Obama has shown a complete lack of leadership, never proposing his own plan to solve the debt debate. He has not governed. In an Op-ED in the Wall Street Journal, Peggy Noonan talks about Obama’s loss of support from his fellow Democrats and how the President has become a political “loser” in They’ve Lost That Lovin’ Feeling:

“And so his failures in the debt ceiling fight. He wasn’t serious, he was only shrewd—and shrewdness wasn’t enough. He demagogued the issue—no Social Security checks—until he was called out, and then went on the hustings spouting inanities. He left conservatives scratching their heads: They could have made a better, more moving case for the liberal ideal as translated into the modern moment, than he did. He never offered a plan. In a crisis he was merely sly. And no one likes sly, no one respects it.

So he is losing a battle in which he had superior forces—the presidency, the U.S. senate. In the process he revealed that his foes have given him too much mystique. He is not a devil, an alien, a socialist. He is a loser. And this is America, where nobody loves a loser.”

What do you think about the debt debate?

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