JohnEngelman
Virgin
- Joined
- Jan 8, 2022
- Posts
- 4,767
What you say is true. Defaulting on the national debt would be a greater disaster for the economy.The Republicans want draconian cuts that would be a disaster for the economy, and the Democrats don't.
The least bad alternative for Biden would be to let the Republicans make the drastic cuts, explain that he is doing so under duress, and then say "I told you so" when the pain begins.
The Republican Party is united by race, but divided by class.
Usually this is not a serious problem because for most people most of the time loyalties of race, nation, and ethnicity are stronger than loyalties of class. However, this time the cuts demanded by Congressional Republicans will hurt the white working class people who vote Republican.