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Marius25

(3,213 posts)
Tue Sep 21, 2021, 02:07 PM Sep 2021

Republicans plan on defaulting on the debt.

As though they weren't evil enough, McConnell announced he will default on the US debt. Even Romney said he would too.

Economists say the consequences are: 6 million lost jobs. $15 trillion in lost household income. 9% unemployment, and increased borrowing costs.

This is obviously being done since it's almost impossible for Biden and Dems to win in a terrible economy, so the GOP plans on crashing the economy to make sure they win in 2022 and 2024.

I don't even know how we solve this. This country just feels like it's a lost cause. Republicans are too evil.

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Marius25

(3,213 posts)
2. They plan on doing both.
Tue Sep 21, 2021, 02:17 PM
Sep 2021

They're going to tank the economy to get back into power, because they know the majority of Americans will blame Biden and ignore that Republicans defaulted on the debt, not Dems.

Texaswitchy

(2,962 posts)
3. A lot of Americans do not keep up with the news.
Tue Sep 21, 2021, 02:20 PM
Sep 2021

This is the reason behind the anti-vax also.

To tank the economy.

global1

(25,224 posts)
4. So The Repugs Are Pulling Out All The Stops To Assure Themselves Of.....
Tue Sep 21, 2021, 02:24 PM
Sep 2021

retaking the House, Senate & the Presidency in 2022 & 2024.

Using every trick in the book. Rigging the voting in the states through suppression activities and gerrymandering and defaulting on the debt.

One would think that the American People are smart enough to realize this and know that it is the Repugs that are making things difficult for them.

But after the last 4 years of TFG - I'm not so sure anymore.

I keep hoping that at the eleventh hour that the Dems will get it together and kill the filibuster and pass everything that they intend to.

I'm tired of hearing all the wonderful things that they have in store for us - but can't make them happen because of the filibuster.

We're running out of time.

I can't believe that the American People want to go back to what we had under TFG.

andym

(5,443 posts)
6. The plan might be to use reconciliation and force compromises to make sure reconciliation passes
Tue Sep 21, 2021, 02:30 PM
Sep 2021

But the GOP hopes to pin the debt raising on the Democrats no matter what.

edhopper

(33,482 posts)
7. The country won't default
Tue Sep 21, 2021, 02:32 PM
Sep 2021

The Fed holds over $4 trillion in treasury notes that they can give back.
It is a dog an pony show of the Repukes.

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