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Halls of Shrewd'm / US Policy
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Author: Dope1   😊 😞
Number: of 48517 
Subject: Re: OT: GOP, the "blow crap up" Party
Date: 05/15/2023 12:46 PM
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Republicans are now saying the quiet part out loud, threatening to "blow crap up" if they're not alowed to blow crap up.

And in this week's installment of "Let's hold up a mirror and accuse others of something" we have...

If it's up to the executive branch to honor the nation's financial obligations, then the administration would simply ignore the debt ceiling, note that the spending in question was already approved by the legislative branch through the appropriations process, and point to the 14th Amendment to say they have no choice but to follow the Constitution rather than allow republicans to destroy the creditworthiness of the U.S. and blow up the world economy.

Let's just stop you right there. This is the problem when one listens to the "sources" that you people listen to.

The US
-Collects money every day
-Spends money every day

The only thing required to avoid default is to make the interest payments on the national debt. That's it. There are no other conditions.

And the credit worthiness of the US is untouched.

Now, someone who actually thinks about issues might ask the following questions:

1. Wait, so are we taking in enough money to service the debt?
2. If not, why is the debt so high (that results in interest payments this much)?
3. Didn't the Republicans pass a debt ceiling raise already?
4. Why won't the democrats in the Senate bring it up for a vote?

etc.

But we know who thinks and who gets new NPC firmware downloads daily, don't we?
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