Blog Credo

The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary.

H.L. Mencken

Thursday, September 29, 2022

Terminal DC Brain

 Jon Chait points out that the House GOP is already threatening to wreck America's credit rating if they win control of that chamber in November. The debt ceiling hostage crisis has become a staple of GOP control of Congress in a Democratic administration. It is, frankly, bullshit and professional malpractice. It's a radical act by a radical faction.

The rationale is twofold. First, they are natural hostage takers and nihilists who deny the ability of the Federal government to do anything important (that doesn't involve arming them). Rather than pose solutions to things, they simply want to destroy, and debt ceiling hostage taking is an easy way to do this.

Secondly, if they crater the national economy, that presumably increases the odds that Trump becomes president again in 2024, so...yay?

If - and I pray to Dog it doesn't happen - the GOP wins the House and/or the Senate, Congressional Democrats need to raise the debt ceiling to infinity trillion dollars plus $1, as Chait suggests. The debt ceiling, to me, is unconstitutional under the 14th Amendment, but rather than risk that, just boost it to levels so high, we never think of it again. The idea that this will constitute an attack ad in 2024 is just ridiculous.

However, the usual idiots like Joe Manchin and Kyrsten Sinema will likely balk at taking this measure and hand a loaded gun to the radicalized faction of nihilists that constitutes the majority of the House GOP.

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