Saturday, February 4, 2023

Opinion | Republicans and Debt: Blackmailers Without a Cause - The New York Times

So the bottom line on the debt crisis is that there is no bottom line: Republicans denounce excess spending, but can't say what spending they want to cut. Even if Democrats were inclined to give in to extortion, which they aren't, you can't pay off a blackmailer who won't make specific demands. 

Unfortunately, the emptiness of Republican fiscal posturing is no guarantee that we'll avoid a debt crisis. If anything, it may make a crisis more likely. MAGA may lack policy ideas, but it's rich in nihilism; Republicans don't know what policies they want, but they definitely want to see Biden fail...


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