Sunday, October 25, 2015

Quote of the day: "Republicans are holding a gun to the head of the American economy and they’ll fire"

Paul Waldman writing at the Washington Post/Plum Line about the looming debt ceiling disaster.

All this suggests that every force involved is propelling Republicans not just toward forcing a crisis, but forcing an actual default. At some point, they might realize that "Republicans are holding a gun to the head of the American economy and they’ll fire unless we let them slash Social Security and Medicare" isn’t exactly a winning political message to send. But who knows how much damage will be done before they realize that?

Read Waldman's article for the details of "all this". Here is his intro.

It’s tempting to say that the upcoming need to increase the debt ceiling is another depressing iteration of the governing-by-crisis that we’ve gotten used to over the last five years since Republicans took control of the House. But it isn’t. It’s worse. The chaos that is the Republican caucus in the House of Representatives is about to have some very serious effects on the entire country.

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