We will now see if they have created a Frankenstein monster in the Republican Party. The orders have been given and it is now time for good Republicans to march. But will they?
The U.S. Chamber of Commerce’s president and the White House’s top business ally dialed up the pressure on President Barack Obama and Congress Monday to immediately make a deal on the government’s debt limit ceiling – or risk triggering more economic headaches.
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[C]hamber president Tom Donohue and Jeffrey Immelt, CEO of General Electric, said uncertainty about the nation’s finances are key factors in the stalled economic recovery, 9 percent unemployment and the lackluster June jobs report.
politico
Donahue:
“We’ve got a very few days to fix this debt, or we’re going to be running around with very serious problems.”
Immelt:
“We need certainty about the debt ceiling and we need it now,” he said, pointing to complaints about intransigence each side has made about the other. “The sooner we can do it, that takes that much of a load off” and gives breathing room to small businesses who “wake up every morning in a sea of uncertainty. That’s what has to change.”
Should the Democrats save this system or should it fall of its own weight? Can Big Business control the monster it created?
We live in interesting times.
Pressure on Boehner, Cantor and McConnell.
Economic chaos hurts everyone, including Big Business.
Karma really is a bitch. They created the Tea Party, and now they must live with the consequences.