An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Thursday, October 24, 2013
BooMan — You Lose Virginia, You Lose the Presidency
Simply put, if Virginia becomes a blue state, any GOP candidate is going to be completely behind the eight ball. And that is why it is completely mystifying that the Republicans just decided to shut down the government and destroy their image and brand in Virginia. To see the kind of damage they did to themselves, go to Real Clear Politics and look at the graph that tracks the gubernatorial polls over time. Look at what happened to the polls as soon as the shutdown started. It isn't entirely unpredictable, but the visual is nonetheless astounding.
The government shutdown was a suicidal maneuver on the national level. When you pair it with the House Republicans' refusal to have even a vote on immigration reform, which will cripple them in Colorado and Nevada, they have almost handed the 2016 presidential contest to the Democrats before the candidates have even announced themselves. I truly believe that if we could sit every Republican member of Congress down and explain exactly how badly they have fucked the party on the national level, that it might actually result in the kind of moderation that no amount of cajoling and rhetoric could achieve.
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