Finger-Pointing Won’t Save Anyone if US Defaults

The New York Times: “Even as negotiators push ahead with halting talks to get to the bottom of the federal debt-ceiling standoff, individuals of each events are positioning themselves to take a look at to dodge the blame for the industrial fallout if issues move south. Democrats lambaste Republicans for taking the debt ceiling hostage to soothe ‘excessive MAGA’ conservatives bent on shrinking executive spending. Republicans hit Democrats for ready too lengthy to open talks and now not taking GOP calls for severely.”

“But deep down — and in some instances now not so deep — officers in each events know they’re all going to pay if they do not get a deal, the federal government defaults and Americans lose cash and jobs and self assurance about their monetary well-being and long term.

Said Sen. Lindsey Graham (R-SC): “I’d hate to be the flesh presser attempting to provide an explanation for to folks when the financial system is in the bathroom that it is not my fault, it is their fault. Yeah, that ain’t going to paintings. They will flush us all.
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