House Republicans squander their leverage & jam themselves - again. http://washingtonexaminer.com/house-gop-became-own-worst-enemy-in-battle-over-spending-and-debt/article/2537307 …
@Jstoner64 This all happened because voters overwhelmingly opposed shutdown & blamed GOP for it. Tainted everything.
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@DavidMDrucker That's where I place most blame on House GOP; inability to articulate and sell the scenario. Ryan, best chance, was a ghost. -
@Jstoner64 problem is voters were predisposed to hate this. Cruz was main spox (he's not House R) & still voters never liked. -
@DavidMDrucker not to belabor, but majority dislikes O'care, never heard from Rs that shutdown entails 17% and that Default an impossibility -
@Jstoner64 of course: Prob is O'care hate never translated into defund/shutdown support.Nvr. And default is possible & most Rs believe that. -
@DavidMDrucker on Average, monthly Revs 10x Debt service, not to mention ability to make deal with Fed Holdings. Default voluntary. -
@Jstoner64 Default is real if markets say it's real. AND no one who understands govt finances agrees w/ you. I mean nonpartisan types. -
@DavidMDrucker It's not rocket science. The Revs surpass Debt Service 10:1...and then there's the fact the the Fed holds $2 Trillion. -
@Jstoner64 Let's assume you're right. Because I'm fine w/ that: Then there is no leverage on the debt ceiling to negotiate anything. - 6 more replies
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