With the 2022 midterm election now less than a month away, this may be a good time to ponder what the Republican Party would do should they manage to win a majority in the House, the Senate, or both. And in some respects they have been helpfully candid as to their plans should their aspirations come to pass.
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It isn’t exactly a pretty picture. Among the more brazenly shameless admissions on the the part of leading Republicans have been Sen. Lindsey Graham’s promise to advance legislation to ban abortion nationwide, and Sen. Rick Scott’s agenda proposing to sunset Social Security and Medicare.
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However, the most harrowing scenario cooked up by the power mad GOP is their plan to take the nation’s economy hostage by demanding that Democrats submit to their policy demands or else they will refuse to negotiate the debt ceiling. Those GOP proposals include cutting taxes for corporations and the wealthy, and slashing benefits for seniors and healthcare recipients.
To be clear, the debt ceiling defines the government’s limits on issuing credit in order to pay its bills. If it isn’t appropriately adjusted, the result would be the U.S. government falling into default. That would create an economic crisis in the U.S. and around the world. It is the equivalent of the “nuclear” option for the economy. And Republicans are threatening to drop that bomb if they don’t get their way.
This isn’t idle speculation. Leading Republicans in Congress have openly expressed their intentions to deploy this political weapon. Bloomberg News reports that “‘The debt limit is clearly one of those tools that Republicans — that a Republican-controlled Congress — will use… ‘ said Rep. Jason Smith (R-Mo.).” And that… “House Republicans are openly threatening to cause an economic catastrophe in order to realize their obsession with slashing Medicare and Social Security,” Henry Connelly, a Pelosi spokesman, said in a Tuesday statement to Bloomberg Government.”
It should come as no surprise that this economic terrorism is being ignited by the GOP cult messiah, Donald Trump. For months he has been chastising Republican Senate minority leader, Mitch McConnell, for not issuing debt ceiling threats to allow a default. As recently as last month Trump whined on his floundering social media scam, Truth Social, that…
“Mitch McConnell is giving the Democrats everything they want. He is their lapdog! He didn’t stop trillions of dollars in spending by refusing to use the Debt Ceiling as a negotiating tool. He gave it up for nothing. […] in order to destroy America.”
Republicans have already been acting to tank the economy. They have voted against several bills that would have eased inflation, and lowered the costs of gas and healthcare. The threat of that betrayal, and the devastating default that Republicans are embracing, has not been getting the media attention that such catastrophes merit. Virtually the only recent television coverage has been on MSNBC by Chris Hayes, who warned that…
“If the economy is the number one issue to voters, then there is one party that will have an incentive to make it better. And that party is the one that has the presidency. The Democrats.
“The other side, the Republicans, have an explicit incentive to make the economy worse. And I will tell you, having covered the Tea Party Congress of 2011, amidst the recovery from the financial crisis, i feel confident in predicting that if Republicans win control of one or both houses of Congress, they will do everything in their power to sabotage the economy to best set them up to retake the White House in 2024.”
.@chrislhayes: "I feel confident in predicting that if Republicans win control of one or both houses of Congress, they will do everything in their power to sabotage the economy to best set them up to retake the White House in 2024." pic.twitter.com/2UFp9xFKQB
— All In with Chris Hayes (@allinwithchris) October 13, 2022
And Hayes’ guest during this segment, Sen. Elizabeth Warren, concurred, saying that…
“The Republicans are loud and clear about this. They’ve already said, for example, that they will use the debt ceiling negotiations. […] There are already Republicans saying that if they can get control of the House or the Senate then they’re going to hold hostage things like Social Security and Medicare.”
Republicans are aiming a weapon of mass economic destruction at the United States and all of its citizens. And there is little being done about it by the media, whose job it is to keep people informed of threats such as this. What the GOP is plotting would produce more harm than the recent hurricane in Florida. But there aren’t any hourly updates about the path of this disaster. That needs to change – and fast!
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9 thoughts on “The GOP’s Not-So-Secret Plot to Sabotage the Economy if They Gain Control of Congress”
I paid into Social Security and Medicare for 35 years and those brazen criminals,(the GQP) are going to have hell to pay if they take my Social Security away from me and many others, they are going to have hell to pay. I will lose my house and be homeless and will have nothing to lose. These MF’s are criminals and should be arrested and put in prison for even suggesting what they are going to do just to get their way….. I can only wish that these criminals were in prison on death row, they are like roaches and venomous snakes and need to be eliminated from existence on earth. They are the lowest and most despicable creatures on planet earth. The new name for the United States is the NFSA. The Nazi Fascist States of America. What a shithole nation we are now…I have came to the conclusion that all of the GQP are above the law and not a DAMN thing is being done about it…..Screw it, i am going to CANADA to live in peace until my old ass dies!! The USA was once a great nation and the only way to keep it that way is if Democrats wins elections, but that is now and will be impossible if the GQP keeps up their blatant law breaking ways and no one will stop that it seems…
John, I think one thing that will stop the GOP is that they will receive about 70,000 less votes. Lindsey Graham, Marjorie Taylor Greene, Gaetz,, Lauren Boebert, HOPEFULLY that ass Ted Cruz almost surely will be out of a job.. At same time, Elizabeth Warren, Bernie Sanders will be working hard for us.
Thank you, guest, your comment does ease some of my anxiety about this. Those corrupt asshats Ron Johnson and Rick Snott are two more that i would love to see gone from the Senate, But Snott has a few more years left as he is not up for re-election in the upcoming election, Ron Johnson is up against Mandela Barnes in Wisconsin and he is one that needs to lose votes. Johnson is a wacko and really needs to be gone. There is an organization called, ” Social Security Works” and they fight hard for us too.
People who lose everything have no hope. Democrats might become Federalist Desperadoes.
If I lost social security I would not lose so much more than my life which at 85 is pretty limited.
I am only 67 and my life is already limited to a certain extent. I don’t know if i should hope to be 85 if the Fascist Federalists take over and i lose my Social Security. I just wonder what these voters that vote for Rethugs that are on Social Security are going to think about their beloved Rethugs when the get cut off too?
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