Economic Terrorism Is No Way To Run A Country

The last time the GOP played political games with the debt limit, economic growth slowed in our nation, and citizens and businesses alike faced increased borrowing costs.

thom-hartmannRepublicans are already plotting their next opportunity to take our nation hostage.  At his weekly press conference, John Boehner said the GOP will refuse to raise the debt ceiling in May, if the president doesn’t agree to more spending cuts.  President Obama already agreed to cuts in the fiscal cliff deal totaling $1.5 trillion over the next decade.  And the sequester will cut an additional $1.2 trillion over that same period.  But, that’s not enough for Republicans.

The last time the GOP played political games with the debt limit, economic growth slowed in our nation, and citizens and businesses alike faced increased borrowing costs, but that doesn’t concern the Speaker of the House.  According to Boehner, Republicans plan to wage economic terrorism again, unless the President agrees to cut spending dollar-for-dollar with the debt ceiling increase.

So, unless Obama is willing to further devastate our economy with Republican austerity, John Boehner and House Republicans won’t let him pay the bills that they racked up.  The debt ceiling does not authorize more spending.  It only allows the President to pay for spending that the House has already approved.

This is simply economic terrorism… and it’s no way to run a government.  Call John Boehner’s office and tell him to stop playing political games with our economy.

Thom Hartmann
Thom Hartmann is a progressive nationally and internationally syndicated talkshow host (also simulcast as TV in 40 million homes by Dish Network/Free Speech TV), and New York Times bestselling, four-time Project Censored winning author of 24 books in print in 17 languages on five continents. Follow Thom on Twitter @Thom_Hartmann

One Response to “Economic Terrorism Is No Way To Run A Country” Subscribe

  1. greghead32 March 22, 2013 at 1:48 pm #

    you stink

Leave a Reply

What’s Next For LGBT Activist Campaigns?

TRNS examines the future of LGBT activism following last week’s historic same-sex marriage ruling.

The World in 2:00 – July 3, 2015

The World in 2:00 continents logo

Recapping the latest developments in blasphemy, idolatry and defamation from Egypt to Iceland, Saudi Arabia to FIFA’s executive offices.

Friday, July 3

● June yields a glowing job creation report

● BP to settle oil spill for $18.7 billion

● Pakistan weapons trail began in Maryland pizzeria

● Court victory evaporates for unpaid interns

● Indiana sex offenders bring suit to pray

● Divestiture ordered for supermarket merger

Women In Tech: Brit Morin

The founder and CEO of Brit + Co. discusses homemaking in the digital age.

The Day Ahead – July 3, 2015

The Day Ahead Logo

The U.K. pays tribute to 30 of its citizens killed in Tunisia last week and a Russian rocket blasts off to resupply the ISS after Sunday’s SpaceX explosion

Pentagon: Drone Strike Kills ISIL Leader

Another ISIL member was also killed in the strike.