John Harvey — Debt Ceiling Theatrics

What we are witnessing in Washington is a travesty. A small group of Republicans is holding our economy hostage. As usual, the casualties will be innocent, hard-working people who have absolutely nothing to do with this debacle. In fact, it’s already started.

I say the following as someone who is not particularly a fan of the Affordable Care Act: it was introduced, debated, passed, signed into law, and declared constitutional. Then it’s chief architect was reelected. Republicans have voted to repeal it over forty times, and each time they have failed. It’s done. It’s over. It’s law.

Of course, one should be permitted to argue for changes or even repeal, that’s how the process is supposed to work. BUT, to decide to shut down the federal government, throwing American citizens out of work, because you didn’t get your way time after time is despicable.

Forbes
Debt Ceiling Theatrics
John T. Harvey | Professor of Economics, Texas Christian University