Thursday, September 30, 2021

Colbert finds the humor on using reconciliation to raise the debt ceiling

Two years ago, I wrote Crisis averted as Congress lifts debt ceiling for two years. Those two years are now over, so the debt ceiling has returned, along with all the drama that comes with it. On top of which, the country is facing a federal government shutdown less than three years after the last one. Stephen Colbert made both of them the subjects of his past two nights' monologues. Here's Tuesday's McConnell Risks Financial Armageddon, Grisham's Book Shines A Light In Some Dark Places.

Stephen walks through the disastrous consequences facing the world economy if Republicans stand in the way of raising the debt ceiling, and reacts to some uncomfortable revelations in former White House Press Secretary Stephanie Grisham's new book about the previous administration.
Yikes! Stephen updated the situation last night in Senators Square Off Over Reconciliation, Pope Francis Bans Vaccine Exemptions.

While McConnell and Schumer stay locked in a high-stakes staring contest over the infrastructure bills and America's debt ceiling, The Vatican made headlines by announcing that all employees must be vaccinated, without leaving room for exemptions on religious grounds.
I have the same reaction that Stephen did. we already have enough apocalyptic events; we don't need a financial apocalypse on top of the pandemic, climate, and democracy apocalypses we are already experiencing. We don't need one that is completely avoidable. Still, I like calling it "Apocalypse Dow." That's clever.

So ends September's blogging. See you next month, when I start celebrating Halloween! Boo!

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