Karl Rove goes 'On the Record' on the ramifications of the Super Committee's failure.
The only way we will ever pay down our debt and cut spending is if we get rid of Obama and the Democrats in both houses of congress. This flop serves Obama and he will use it on the campaign trail. He will blame Congress for not coming together even though he said he would veto it if it wasn't liberal enough. Obama has done nothing but blame everyone for the mess he got us into with his spending.
The liberals say that austerity doesn't work. We are left with no other choice thanks to big liberal government spending. They got us into this mess and then when it's time to take our medicine they refuse to unless they can screw the private sector economy.