Tag: Debt Ceiling
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The coming shit show
Rabid orthodoxy can make you clueless. In a normal political party, where in the 2022 elections you barely squeak by with a House majority, lose a Senate seat, and Democrats take total control of two state legislatures (Michigan and Pennsylvania) and add governorships (Maryland, Massachusetts and Arizona) to your party’s one governorship pickup (Nevada) while…
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If I was the president
Gah! The amount of disinformation going on about the debt ceiling, the budget deficit and the economy continues to astound me. That so much of it is sticking goes to prove that money can buy pretty much anything. The oligarchy is clearly in charge, which is why closing loopholes for people who own private jets…
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Playing Public Debt Poker
Predictably, Republicans walked away yesterday from negotiations on extending the federal debt ceiling. It was predictable but it was also childish. Led by House Majority Leader Eric Cantor, Republicans attending the talks led by Vice President Joe Biden said there was no point in continuing negotiations unless all tax increases were taken off the table.…