A Moment of Clarity.
words.
"That the very people who are causing the crisis are dismissing it shows the double game that’s being played here. Republicans don’t want the country to understand how big a threat they are posing to its well-being. A growing number of Americans already blame them for the whole mess, as the same poll shows. If people truly understood how bad a default would be — if they understood credit markets and interest rates, and how they would be affected by the global loss of faith in Treasury bonds — the anger would be much greater, and Republican control of the House would be threatened.
In the cynical game of spin and messaging that this crisis has become, the goal is to scare Washington Democrats while keeping ordinary people calm. It’s not working, though — Democrats have correctly refused to be intimidated, while businesses and average Americans are growing increasingly nervous. As they should be."
THE NEW YORK TIMES: Do Republicans Believe in Their Own Crisis?
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