It's Time To Stop Pretending Republicans Have Ever Cared About Debt and Deficits
The truest thing to emerge from a GOP Politician’s mouth in the last 50 years was when George H.W. Bush called Reagan’s supply side econ theory “Voodoo Economics”.....unfortunately, it was also the last time any Republican has challenged it in spite of abundant evidence of what it actually produces 🤦♂️
Thank you for this, Simon. The only part I could do without is the pic of, well, you know. It's come to this. When I see pictures of such as these, I have a visceral response.
Still, grateful for all you say here. Naturally.
How is it not obvious to even the most extreme GOP that allowing the country go into default (even for the perceived goal of hurting Biden and the Dems), is NOT MAGA (Making America Great Again) but would in fact drive America down to an unprecedented state in which the world will no longer "trust" in our institutions and financial stability as they have in the past. The fallout from an event such as this, even if the situation is managed by Treasury to make it the least harmful possible, will affect EVERYONE, not just "woke," not just Dems, not just "elite," not just all those who are in the crosshairs of irrationally angry and destructive people. ALL AMERICANS will feel the results of the reduction of America's credit rating and the loss of the world's belief in our underlying stability (more than it's already been lost). I don't think that the GOP realize that once this damage is done, it may be impossible to undo. Their getting back into office will not undo it. They have lost all ability to think rationally and practically, and holding the country hostage in their hypocrisy instead of acting in the interest of the country at large is outrageous. It's all about a mission to destroy -- something or someone. But wouldn't you think somebody among them would notice with alarm that pursuing this mission is cutting off their nose to spite their face -- on a massive scale? They have no idea what they're bringing about, I fear. We ALL have to live with such a degradation, if it happens. What on earth good is being able to point a finger and say "it's their fault" when the the reality of it would be hardship of one sort or another for everyone?
I love reading this stuff, especially when I am hyperventilating in a paper bag over 2024.
More needs to be said about D/WH lack of messaging around the economy/debt ceiling. This IS where Biden’s issues as a communicator come into play. Pete’s busy talking about travel this weekend but they need to get him and other surrogates out there making the case, now and going forward.
McCarthy and republicans are doing exactly what Trump wants, because Trump is driving the whole thing. Everything they say and do has Trump’s signature “burn it all down” attitude. He tried to destroy not just the government, but all of America on 1/6/21. It didn’t work so he’s manipulating republicans to do it this way, and they don’t appear to have a clue. All they care about is the praise of a seriously mentally disturbed lifelong criminal who knows he’s very likely going to prison at some point, so what does he care?
It occurred to me yesterday reading Politico (you will probably think I'm slow on the uptake...) that this is in no way Governance nor even chess or checkers (nor is it a game): this is Russian roulette!
Steve Schmidt wrote this week that McCarthy has never shown any ability to land any legislative deal — not in California and not in Congress. All he has done is work for himself and a title. Doesn't exactly define "leadership." But he is playing roulette with MAGA guns all pointed at his head. You almost feel sorry for him.
I will never understand Republicans clear hatred for America and Americans and democracy. Clear hatred for children and seniors and the disadvantaged. They can't all be both obtuse and obdurate, can they?
Thanks, Simon, for helping keep us coherent and giving us hope that we may have some influence in the political arena (though I don't really believe it at this stage).