President Biden, Speaker McCarthy both insist that the U.S. will not default on its debts

Joshua Roberts/Reuters

Neither very convincingly. Anybody on a fixed income, spend as little as possible right now, and prepare to be scapegoated on an epic scale. A projected seven million workers will lose their jobs, and will also be scapegoated. The country is going straight to Hell. {CNBC 5/17}

Copyright 2023, Arthur Newhook. @Sunking278 and @FloydEtcetera on TWITTER, and at the same handles on FACEBOOK. MASTODON - @ArthurNewhook@mastodon.world, and POST - @arthurnewhook.