A Denial of Reality...NYT Editorial

[Stuart G]

http://www.nytimes.com/2011/07/27/opinion/27wed2.html?_r=1&hp
Published: July 26, 2011


How can so many Republican lawmakers justify pushing their country toward catastrophic default just to score ideological points? The answer can be found in their statements and writings: They are constructing an alternative reality far different from that of most Americans.


A large number of Republican lawmakers, for example, simply don’t accept that the United States is going to be in default as of Tuesday. (Wall Street banks say the nation will run out of money within a few days of that date.)

The Treasury Department, which keeps the government bankbook, set the Aug. 2 deadline, but they say it cannot be trusted because it is an arm of the Obama administration. Representative Joe Walsh, a freshman from Illinois, recorded an instantly notorious video in which he accused President Obama of “lying” about the dangers of default. “There’s plenty of money to pay off our debt and cover all of our Social Security obligations,” he said, without saying where all these billions might be hidden.

Representative Michele Bachmann, the Tea Partier running for president, went even further, saying there would be no default at all because the government would always find a way to pay the interest on its debt. Her level of disbelief in any statement made by the White House is so complete that she disregarded the possibility that the global financial system could impose its own devastating downgrade on the government’s obligations.

[gateley]

1. If, God forbid, we do default, we really need to keep running

the clips of these deniers over and over as campaign spots.

I hope it doesn't come to that, but if it does, those who were pooh-poohing the idea (or calling Obama a liar!) should be held responsible.