Economists: Gridlocked Congress 'Playing With Fire' As Failure To Legislate Could Devastate Economy

I can already see how this game plays out. It is the ultimate suicide-sw­itch the Republican­s will propose. Either the Democrats capitulate fully on all Republican Budget Demands or there will be no raising of the debt limit.



For the Democratic Party it will be an existentia­l choice. If the Democrats cave to that ploy the United States ceases to have a two-party system (even though in many ways that is already the case).



The choice for the Democrats will be either a case of political Seppuku, allowing the Republican­s a path to eliminate what remains FDR's New Deal, LBJ's New Society, and Theodore Roosevelt'­s Square Deal, or allowing the Republican­s to ravage their own Blue Blood patrons by allowing the United States economy to default and the Global economy to crash.



If I were a Democrat in a position of power ... I'd save the American people from a ignoble fate as corporate slaves, and defend the programs that actually allowed the Democratic Party to emerge with a soul over the past decades. The ideas America was born of are worth more than all the hoarded wealth of earth. A true American in a position of power would defend the American ideal from the ravages of Oligarchy and Corporate Tyranny.



True Americans, in the purest sense of the word, when faced with the devil's bargain that the Republican­s will most surely present ... would allow the economy to crash.
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