Regarding the May 24 editorial on the debt ceiling, “Wrong fight to have now”: You make a great argument. However, you leave out the fact that one of our esteemed parties has the publicly stated goal of doing everything possible to make sure this president fails … no matter if his policies are good or beneficial to the country.
If they can cause an uproar in the markets, disrupt the currently positive trend of at least the U.S. economy, or throw any monkey wrench into the country’s slow climb from the abyss they had a large part in creating, they will gleefully do so, blaming the president for his inability to “work together.”
This tactic works well because the electorate is generally ill-informed and too lazy to do any real thinking. They leave this to the loud voices and sound bites on both sides of the political spectrum. My advice is until this debacle is over put all your money into cash; you see those doing the disrupting are of the same mindset … I’m on board, pull up the ladder! They couldn’t care less if your portfolio drops another 50 percent; in fact if they can accomplish this it will, they reason, give them a better chance to win in November. If a few hundred million have to suffer in the meantime, too bad. They will go back to the same old policies of years past and hope you will have forgotten how they worked out. And you probably will have!
Richard Wilson
Everett
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