Today while listening to the ”Sisters in Law” podcast they were asked Why the GOP is not worried about the US defaulting on its debt? It is a good question and the Sisters in Law gave several good answers but I think they really missed the mark and I’d like to share my take on an answer.
There are several things to keep in mind when trying to answer this question and the most important is that there are some 271 GOP members of congress. That’s a lot of diverent views of the problem even not considering all the ’conservative’ mover and shakers exerting their influence. So with that in mind lets get started.
First, for the extreme MAGA wing of the party any hurt done is totally immaterial. All that maters is “Owning the Lib’s”. This is a two teared goal. First the Lib’s in the congress have to be seen to cave in to them. Next if the Libs do not cave in any and all harm can and will be all the Lib’s fault. This will most likely be expressed in the classic abuser ”Look What You Made Me Do!” If the Lib’s had just been good little boy’s and girls and done what the MAGA told them to do nothing would have happened.
Next, for the regular GOP members it is as simple as they just do not believe anything bad can happen to them. They are the ”Elite”, ”The Chosen One(s)”, the ones who never seem to get in trouble even when they are in the middle of it. A while this is mostly true for the top 5% (what I like to call the Upper/Uppers) they will, at most, have to curtail some of their staff. After all it is hard to tell the difference in how you live when your net worth goes from $5 Billion to $3 billion. Or million for that matter. Now it is much easier when your income goes from $100,000 to $60,000 or from $40,000 to nothing.
Finally, for the members of the GOP who do realize just what default can and will mean; they think that the political gain for them, both personally and party wise, fair out ways any suffering of the mass’s. Indeed, some of this group actually think they see ways to personally gain, both politically and financially. That they maybe mistaken never seems to cross their minds.
In closing please remember that this is just the top three answers to the question. Also, my dear reader, remember that anyone of the MAGA GOP can switch between any and all of these answers and can mix them anyway they want. Just remember we are in a political game of ’Chicken’ and that game can only end in two ways; Someone swerves or someone dies. Sometimes two someones.