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View Diary: Ezra Is Terrified Because of His Framing (35 comments)

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    Phoebe, but also irrelevant. None of this will help us get out of the game of chicken we're in without losing valuable programs to the Republicans or cutting things that ought not to be cut. But minting the big coin will help. It will destroy the debt limit as a factor in politics, and it will also remove any excuse for austerity the Republicans may have. The coin won't stop them from refusing to pass a budget. But they won't be able to create a default, in doing that, and the Government shutdown that results from their refusal to pass a budget will bring them to the table quickly, but this time with no need to trade anything for raising the debt limit.

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