If the republicans default the American people will hold them accountable for the damage done to our economy and national stature. They and they alone will own it and the damage will be permanent.
Kevyn, your comment just substantiates that you are a useful idiot that just parrots what he’s told.
A few weeks ago, I revealed that this will be the exact tactic that the Democrats will use for a controlled demolition of existing systems to make way for a cashless society and global governance but as usual all most no one paid attention. All they need is a scapegoat to complete their crisis formula. They need a domestic enemy, a frightening threat that lives right next door. That is to say, they need to find a way to blame conservatives and liberty activists for the impending crash.
Keep in mind that the Biden administration and the leftist media have been aggressively pumping out propaganda asserting that all our fiscal problems including our national debt are somehow rooted in conservative policies. This is nonsense.
At bottom, the majority of our economic threats can be traced directly back to the Federal Reserve as well as the larger international banks, and these institutions enact policy regardless of the political party that is in control of the government. But, if we're going to talk about the group that has most helped the central bankers set the current crisis in motion, the political left wins the prize.
It was Barack Obama and Joe Biden that doubled the U.S. national debt from $10 trillion to $20 trillion in the span of eight years. Trump didn't help matters and did not institute spending cuts at the level he should have, but the bulk of his debt contributions occurred because of the C***D response. I have long criticized Trump for flooding his cabinet with a host of globalists and representatives from the banking cabal, but the accusations that Trump was somehow the guiding hand in the current financial crisis are simply untrue.
It was the Biden White House that pressed for C***D lockdown policies to stay in place when they should have been ended as soon as it became clear the C***D v***s was a non-threat to 99.8 percent of the population. Biden made it impossible for the country to continue functioning without trillions in C***D stimulus, and it was those measures that finally broke the camel's back. Prices skyrocketed under Biden, not Trump.
The majority of our national debt problems were piled up during the reign of Democrats, and they continue to demand trillions more in spending without conditions.
In the past, the debt ceiling debate has been a predictable farce. Republicans demand cuts, they haggle with the Democrats who want a blank check, nothing is ever really resolved, and the debt ceiling gets raised yet again with no noticeable reductions in spending. The government keeps stealing from the American public at an exponential rate while also triggering more inflation.
Leftists argue that since a mountain of debt has already been accrued, they need to create new debt to pay off the old debt. And, if anyone ever takes legitimate steps to stop them, that group will be responsible for the implosion of the country through debt default. In other words, their argument is a circular con game: "We must keep spending more to fix the problems created by spending too much"… “We must pass the bill to see what is in the bill.”
Making budget cuts is portrayed as an act of terrorism by the corporate media. Saving taxpayer money is evil, and conservatives who entertain the notion are also evil.
The Federal Reserve is taking away the “easy money” punch bowl and this is setting the stage for a collapse. Government spending helps to obscure the greater crisis for a time, but what if the conservative effort to cut spending is exploited as a means to lay the collapse on their lap? The narrative is already being staged for this, which makes me wonder if this time a deal will not be magically struck in the eleventh hour. Maybe this time, the debt ceiling is never raised...
It's really a rather simple tactic. All the Democrats have to do is not allow any cuts and continue to demand more spending without conditions. Then, when the contingent of Republicans in Congress that actually cares about fiscal responsibility refuses to back down, the White House, the media and the majority of leftists initiate a propaganda wave, an artificial outcry suggesting that "radical" conservatives are destroying the economy.
Let's put it another way. The story will not be that leftists destroyed the economy because they refused to spend responsibly. No, the story will be that conservatives destroyed the economy because they "held America hostage with debt."
Or maybe not. Maybe this time is like all the other times and Republicans will cave in yet again and the ceiling is raised by another couple of trillion dollars.