Just wanted to give a shout out to my homies in the GOP, and most particularly the Tea Baggers, for fucking up the economy even worse with your retarded, made-up "crisis" over the debt ceiling. An issue that has been rubber stamped by congress 41 times in the last 30 years is now suddenly yet another cannonball with which you will try to sink the Obama presidency. That's terrific, really. Here, after all that bullshit, is what you got us.
- A downgraded credit rating. You know what's so great about that? Now we have to pay more for the money that we borrow. So those 400 billion dollars in spending cuts that you insisted be a part of the debt ceiling deal? Gone. We just cut medicaid and federal student loans so we can turn around and pay it as interest to foreign countries. Seriously.
- The stock market is imploding. I'm sure this hurts you people a lot worse than it does me, so that's actually pretty fucking sweet. Still, I have to live in this society, and what's bad for a lot of us or most of us is probably bad for all of us.
- The dollar is getting pooned overseas. This also raises the cost of borrowing foreign money. See point A above.
- Now, foreigners are saying we've lost our superpower status. We're basically Russia circa 1992, according to this guy. Or Canada at any time in history. I assume we will break up into tiny, fractious, quarrelsome republics any time now.Granted, it's an Arab News OpEd, but still.
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