Why Mitch McConnell is threatening to hurt the economy on purpose

  • 📰 MSNBC
  • ⏱ Reading Time:
  • 58 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

.MaddowBlog: A full decade after the nation's first-ever debt-ceiling crisis, Sen. McConnell and his fellow Republicans are gearing up for a dangerous sequel.

When GOP lawmakers created this crisis in 2011, did it really make a difference?

Yes. The fact that Republicans were prepared to crash the global economy, on purpose, did not go unnoticed. Just as the nation was finding its footing after the Great Recession, the GOP's debt-ceiling crisis slowed job growth in the United States to a crawl, did real harm to the nation's global reputation, and led to the first-ever downgrade to our debt rating.Largely much of the Beltway media covered the story as just another fiscal fight between Democrats and Republicans.

,"I can't imagine anybody using the debt ceiling as a negotiating wedge." The Republican went on to describe the debt limit as a"sacred thing in our country."What's on the Republicans' list of hostage demands this year? For the most part, nothing. GOP leaders aren't making specific demands, so much as they're saying they'll simply refuse to engage in responsible governing on this issue. The White House, meanwhile, is saying it wouldn't matter if McConnell & Co. came up with a ransom note, because the president won't negotiate with those threatening to harm Americans on purpose.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

MaddowBlog

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 469. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

On’s IPO Is A ‘Starting Line’ For The Fastest-Growing Athletic Shoe Brand In U.S.Launched in 2010 by Olivier Bernhard, Caspar Coppetti and David Allemann with the brand's unique CloudTec technology for running, the distinct outsole technology quickly caught on in the running community with the Cloud silhouette and the brand immediately expanded out of Switzerland. LOVE EACHOTHER! SHARE THE LOVE! wow Hayaalroumi187
Source: Forbes - 🏆 394. / 53 Read more »

23 Really Petty Things People Have Actually Done To Their Significant OthersHurt people hurt people. Is hurting?! 😛 * don't click on this - it's clickbait. This is from 2017. Do better! You don't deserve ad revenue from article around five years old! How about instead of posting multiple articles, multiple times a day, you write a new one?
Source: BuzzFeed - 🏆 730. / 51 Read more »

Can Snorting or Gargling Iodine Help Prevent COVID-19? Experts Explain Why NOT to Try This Internet TrendWhy Gargling Iodine to Prevent COVID-19 is NOT a Good Idea, According to Experts
Source: PreventionMag - 🏆 141. / 63 Read more »

Fund managers haven’t been this pessimistic on the economy since the early days of the pandemicFund managers are saying one thing in surveys, but aren't adjusting their portfolios.
Source: MarketWatch - 🏆 3. / 97 Read more »

Watch Kendall Jenner Get Ready for the Met GalaPlus the model explains why she was drawn to Givenchy’s Audrey Hepburn–inspired design. Let’s not Lucky Woman. So so beautiful! KendallJenner givenchy good ig 😉
Source: VogueRunway - 🏆 705. / 51 Read more »