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George Will Calls GOP Opposition To Raising Debt Ceiling ‘Suicidal’

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Kennah Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-03-11 08:25 PM
Original message
George Will Calls GOP Opposition To Raising Debt Ceiling ‘Suicidal’
http://thinkprogress.org/2011/01/02/george-will-debt-ceiling/

Over the past few weeks, several Republicans have followed the Tea Party’s lead in declaring that they will vote against any increase in the national debt ceiling. Today, on Meet the Press, Sen. Lindsey Graham (R-SC) drew a thick line in the sand, declaring, “I’m not going to vote for a debt ceiling increase unless we go back to 2008 spending levels, cutting the discretionary spending.”

On ABC’s This Week, conservative columnist George Will responded to Republican opposition to raising the national debt ceiling and the threat it poses to the fiscal solvency of the nation:

I know of no other developed nation that has a debt ceiling. This is a purely recurring symbolic vote to make people feel good by voting against it.

The trouble is it’s suicidal if you should happen to miscalculate and have all kinds of people voting against it as a symbolic vote and turn out to be a majority. Because if the United States defaults on its sovereign debt, the markets will be — well, it will be stimulating.
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nadinbrzezinski Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-03-11 08:27 PM
Response to Original message
1. Let's just say collapse of the USD is not that crazee if they do that
With that comes...imperial collapse.

Yep the house of cards will come down.
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Mayberry Machiavelli Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-03-11 08:31 PM
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2. Even if the country should fall into ruin as a result, GOPers will be happy if Obama is voted out.
Even if it meant that we were all (including them) out living in the streets eating crusts of bread out of a dumpster.
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Speck Tater Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-03-11 08:32 PM
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3. Except for the collateral damage,
watching the Republican party commit suicide would be kind of satisfying.
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drm604 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-03-11 08:34 PM
Response to Reply #3
4. Not satisfying enough to make up for the other consequences. n/t
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bluestate10 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-03-11 08:38 PM
Response to Reply #3
6. The question is whether democrats have the political savvy to help
republicans pull the trigger of that loaded gun republicans have pointed at their head.
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zbdent Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-03-11 10:10 PM
Response to Reply #3
8. Republican party "suicide" committing is usually like a suicide bomber ...
who took off his vest of bombs and ran from the crowd before the bomb went off ...

takes out a bunch of innocents while the "bomber" sips a latte in the safe zone ...
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Renew Deal Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-03-11 08:36 PM
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5. "stimulating"
:rofl:
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Kennah Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-03-11 08:46 PM
Response to Reply #5
7. Yeah, that drew my attention
I suspect it's no where as pleasurable as the stimulating stuff my wife and I do to each other.
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