After the most recent economic data showed robust job growth in the United States, President Joe Biden identified the most serious threat to the national economy.
The “biggest threat to our recovery,” the Democrat said a few weeks ago, is “the Republicans in the United States Congress” as they use the debt ceiling to threaten Americans with possible default.
We were reminded again yesterday that Biden had a point. The Associated Press reported:
House Speaker Kevin McCarthy, R-Calif., said Tuesday he’s increasingly concerned about President Joe Biden’s unwillingness to negotiate on lifting the nation’s borrowing authority, saying in a letter to the president that the White House position could “hold dire ramifications for the entire nation.”
“With each passing day, I am incredibly concerned that you are putting an already fragile economy in jeopardy by insisting upon your extreme position of refusing to negotiate any meaningful changes to out-of-control government spending alongside an increase of the debt limit,” McCarthy wrote in a letter to the White House.
It’s an open question as to whether the House speaker fully appreciates just how painfully ridiculous his letter was. McCarthy and his party are putting the economy in jeopardy, so he accused the president of putting the economy in jeopardy. McCarthy and his party are taking an extreme position by launching a hostage crisis, so he accused Biden of taking an extreme position.
The White House’s position has long been straightforward: There can be no negotiations with those who threaten to hurt Americans on purpose, but if Republicans want to have budget talks, Biden remains entirely open to reviewing the GOP’s ideas.
In contrast, there’s McCarthy’s position: If Biden doesn’t negotiate with those threatening Americans with deliberate harm, he’s being “extreme.” What’s more, to hear the GOP leader tell it, Republicans either can’t or won’t come up with a plan of their own,…
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