PERRY: This isn’t your father’s debt ceiling histrionics— crazy Republicans could actually do it this time

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Rep. Lauren Boebert, R-Colo., speaks at a news conference on Capitol Hill in Washington, Thursday, July 29, 2021, to complain about Speaker of the House Nancy Pelosi, D-Calif., masking policies, and other topics. (AP Photo/Andrew Harnik)

In another time, posturing and histrionics over raising the U.S. debt limit would be just more of the tiresome bravado Democrats and Republicans alike have wielded over the past several years.

These times, however, are like no other in American history.

Last year’s general election cleared the White House of the twice-impeached Donald Trump and an administration rife with greedy corruption and malfeasance. The same election, however, left behind a deeply divided Congress, immobilized by Republican political thuggery unmatched in recent history. Emboldened by stunts like the ones that swindled the balance of the Supreme Court, GOP leaders and rank-and-file alike shrivel from the fear of Trump’s wrath. The vast majority of Republicans in Congress either look away from or are cheerfully complicit in Trump’s malevolent push to undermine American democracy by promoting The Big Lie and more.

We live at a time when hundreds of GOP politicians traditionally defined by prudence and pragmatism join the ranks of hysterical extremists. Their sound judgment is clearly absent on just how far to carry the threat of not raising the federal debt limit.

It takes little imagination to see that members of Congress willing to participate in or look away from Trump’s dangerous deceit about non-existent election fraud in a corrupt attempt to claim power from Democrats would also risk economic destruction if they thought it could serve their purpose.

It absolutely would not.

Not one credible economic expert nor advisor — conservative or liberal, Republican or Democratic, representing personal or business interests — says that forcing the United States to default on national debt would not create a cavalcade of calamities.

Not one person or business in the Aurora region or across the nation would be unscathed by such a disaster.

The rich and poor, employed and retired, government and private workers, everyone would be hurt by lurching interest rates, frozen banking, ended paychecks, decimated retirement accounts and an endless list of secondary fiascoes even experts say they cannot predict.

What’s more, the rhetoric Republicans pass along from each other and then to the public is a ridiculous bastardization of the reality of the U.S. government and economic systems.

The so-called “debt ceiling” that limits the borrowing power of the treasury is based on past spending, not future. Trillions of dollars in spending approved by the past Republican Senate, and signed into law by former Republican President Donald Trump, must be paid. The government must be able to legally borrow and manage funds to do that.

The mundane and clerical task of Congress to raise the debt limit to match what has already been spent has as much to do with partisan politics as deciding what color of checks to choose to pay the nation’s bills.

Republican and Democratic members of Congress absolutely should examine and modify the Biden Administration’s behemoth spending plans.

It has nothing to do, however, with making good on what Republicans agreed to spend years ago.

“I will not support signing a blank check as this majority is advancing the most reckless expansion of government in generations,” Rep. Dan Meuser, R-Pa., said during a House panel debate, as reported in an AP story in The Sentinel.

Meuser, like other Republicans, risk economic Armageddon with their conflated nonsense.

No matter what your politics, your position or even if you think masks are stupid, you need to start hammering on members of Congress like Colorado Republicans Doug Lamborn, Ken Buck and Lauren Boebert and make clear to them their sophomoric brinkmanship is the political equivalent of car surfing in a thunderstorm.

The uber-partisan Boebert, whose tenuous grasp on the U.S. government and reality are well-document on her Twitter feed, would clearly nuke the nation’s economy for five minutes on Fox News.

She’s not alone in making clear the GOP want to leverage the end-is-near into a political contest.

“Democrats are spending recklessly,” Buck said in a tweet this week. “Republicans shouldn’t help them raise the debt limit.”

Buck is hardly alone in Colorado with his inflammatory eyewash.

“Instead of making meaningful reforms to spending, Dems are attempting to ram through a vote to raise the debt ceiling and provide Pelosi and Biden with a blank check for their progressive agenda,” Lamborn twaddled earlier this week. “I will vote against this measure and refuse to kick the can any farther down the road.”

He clearly plans to kick himself in the head, and you, too. Find something else to feud about.

Follow @EditorDavePerry on Twitter and Facebook or reach him at 303-750-7555 or [email protected]

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GeneD
GeneD
1 month ago

Good piece, except for the redundancy of ‘crazy Republicans.’

Nooneeveryone
Nooneeveryone
1 month ago

Question Mr. Perry, how long do you plan to obfuscate the sheeple with Trump this and Trump that, One year of Bidens reign, Two, ????? I remember a great saying my Grandfather told me as a an excuse making juvenile, when your pointing your finger at someone laying blame the rest are pointing back at you. Time to grow up and own the decisions made by this President and his regime and be accountable adults.

Debra MacKillop
Debra MacKillop
1 month ago

trump adds $7Trillion to Debt and DEMS cooperate to raise debt ceiling throughout trump’s presidency for the good ot the US, then in 2020 GOP suspend debt ceiling action altogether because know that Biden will be president and stuck with two years of debt that looks like it’s his responsibility, then use that action and fully knowing it will drastically hurt US and Americans (particularly in a pandemic), band together just for political power and political reasons to refuse to raise debt ceiling knowing right now it is tanking the markets by their actions and that it will put US in terrible position both internationally & nationally, just as GOP often shuts down the govt and hurts all of us just for political power. GOP – party of no ideas except sabotage for power.

Joe Felice
Joe Felice
1 month ago

The “debt” is all a ruse. The republicans spend as recklessly as anyone. This is all a show, put on for the benefit of our entertainment, as is most politics. Our government can spend as much as the World Bank (which controls all things monetary) will allow. If that means “borrowing,” and the World Bank approves, then that is what will happen. But to hear republicans lecture us about it should fall on deaf ears, although their loyalists will once again believe what they say and not what they do actually.

The top-three most debt-incurring administrations were (in order) those of

  1. Donald Trump
  2. George W. Bush
  3. Ronald Reagan

The last time the budget was balanced and we had no debt was under Bill Clinton. Can’t argue with history, though you can rewrite it with false narrative. Now that is a skill the republicans possess that the Democrats don’t. Continue lapping it up, people.

DICK MOORE
1 month ago

Hey Dave Perry, why do you hate me so much? I’m a Republican and you call me crazy or worse all the time. Am I right to take this personally? Is this fair and accurate reporting even for an editorial? What did I do to you to take such offense? Then you beg me for contributions. This crazy Republican doesn’t understand your level of hatred.

Anyway the National Debt, to me, is simply defined as that money US citizens owe to themselves. What is the big deal? The whole world looks up to us so they don’t care that we print money for our use. Just ask all those poor people from Haiti under a bridge in Texas. They seem to want to be here in the good old USA.

Can you really define money that you owe to you? Why does our government even try to define this and then give it a value. Either a waste a time or an exercise in futility.

GeneD
GeneD
1 month ago
Reply to  DICK MOORE

Dick, if you really are a Republican and still have Republican principles, you should be working to take your party back from the hypocrites and the crazies who have taken control of it.

john in denver
john in denver
1 month ago
Reply to  DICK MOORE

The headline says “crazy Republicans” are going to do someting…. not that all Republicans are crazy.
You do not have a vote on crashing the economy… Buck, Lamborn, and Boebert do. When they yammer about “blank checks” or “Democrats spending” they are trying to make this into a partisan vote.

Good Citizen
Good Citizen
1 month ago
Reply to  DICK MOORE

No one hates you. They just think your not very bright.

Good Citizen
Good Citizen
1 month ago
Reply to  Good Citizen

Example: “your”.