Has anyone considered Obama et al WANT this default? Just let your mind wander what they could then do.
THAT is why the GOP should have kicked the can down the road for 2 months at a time.
Yes I think he WANTS to.
They WANT a crisis.
“Has anyone considered Obama et al WANT this default? Just let your mind wander what they could then do/”
Already have and he doesn’t. A default means interest rates will skyrocket. That makes borrowing very difficult as well as selling T-bills due to the hit on credit worthiness.
Ask yourself this: which party’s constituents are most dependent upon government borrowing and spending?
They can blame Rs all they want but the Dems are in charge and this is where they’ve brought their supports. Queue the comparisons with Detroit, Newark, etc.