On Wednesday afternoon, President Joe Biden met with House Speaker Kevin McCarthy on the debt ceiling.
Unfortunately, the meeting reinforced McCarthy’s and the Republicans’ message that raising the debt ceiling is adescribed the meeting as the “kick off [to] talks aimed at averting a potentially catastrophic default on the national debt” and “the earliest stage of a messy political back-and-forth between the White House and Republicans over the federal debt ceiling.
The White House and the Democrats must do a better job framing the debt-ceiling issue. The media must do a better job reporting on it.Robert Reich, is the Chancellor's Professor of Public Policy at the University of California, Berkeley, and a senior fellow at the Blum Center for Developing Economies. He served as secretary of labor in the Clinton administration, for which Time magazine named him one of the 10 most effective cabinet secretaries of the twentieth century.
Source: Loan Digest (loandigest.net)
RBReich Stop giving this neolib a platform please. He’s not our friend. He’s a gaslighting millionaire who knows the players controlling the system aren’t changing it because he made a video or wrote an article calling it out… Bill Kristol & he are in the same club
RBReich Reich like the Third Reich?
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