For the many years, Republicans have been waging economic terrorism against the American people. They have held our nation’s economy hostage time and time again. Anything that will help the average American they have fought against tooth and nail. The stimulus, healthcare reform, infrastructure, student loans and food stamps (SNAP), to name just a few areas where Republicans have waged economic terrorism. Hell, they have even stood in the way of disaster relief after Hurricane Sandy.
Now, Republicans, specifically Republicans in the House of Representatives, are threatening to not increase the “Debt Ceiling”, unless either the Affordable Care Act (Obamacare) is defunded or cuts in Social Security, Medicare and Medicaid greater than what the debt ceiling increase would be. This is the very definition of economic terrorism. And what is worse, the American people aren’t the only hostages. So are the people around the world, because if the United States is even perceived as going to default on our national debt, the economy of the world will tumble in ways we have never seen.
Officially, the United States does not negotiate with terrorists. As we have seen though, we do negotiate with terrorists. Does Iran-Contra ring any bells? And President Obama has been more than willing to negotiate with the economic terrorists known as Congressional Republicans. He negotiated an end to the so called “fiscal cliff” that gave Republicans, in the words of Speaker of the House John Boehner, 98% percent of what they wanted, including making permanent the Bush Tax Cuts. President Obama then again negotiated the increase in the debt ceiling by agreeing to the infamous “sequester”.
I wish I had hope that President Obama would change his ways and actually fight for the American people and not negotiate with the economic terrorists. I really wish he would invoke the “Full Faith and Credit” clause of the 14th Amendment of the Constitution. Like so many wishes though, I doubt they will ever be fulfilled. Sad to say, but I do believe the economic terrorists will win again.