Negotiating with very stupid terrorists

Created
Thu, 19/01/2023 - 04:30
Updated
Thu, 19/01/2023 - 04:30
We barely had time to catch our breath from the wild spectacle of the Republicans finally electing a speaker when their next spectacle started with a bang. Treasury Secretary Janet Yellen abruptly announced that the U.S. will hit the so-called debt ceiling on Jan 19, putting the issue immediately on the front burner. The government can move money around to keep paying its bills until some time next summer, but this is  already shaping up to be an exhausting, months-long battle royale. It’s probably a good thing that they’re getting an early start since the MAGA House majority seems to need some serious remedial instruction on how the world works. That’s not to say that debt-ceiling standoffs are some core tactic of the MAGA movement. In fact, Republicans raised the debt ceiling three times during the Trump administration with no fuss at all. They never felt it necessary to try to persuade Trump to cut spending, and the Freedom Caucus didn’t utter a peep as he massively increased the deficit. These hostage situations are reserved for times when the GOP holds the House and a Democrat is in the White House. Shocking, I know. This debt ceiling vote is a ritual with no real purpose. The government made the decision during World War I, for reasons that should have been temporary, to require a vote to agree to pay the nation’s bills. This makes no sense: Congress already voted to spend the money, so it’s ridiculous to require another vote…