Click here for an article by Robert Reich, Bill Clinton's Secretary of Labor, entitled "Disinformation about the debt ceiling."
At a speech at the New York Stock Exchange yesterday, Speaker Kevin McCarthy affirmed the Republicans’ plan to use the rapidly approaching debt-ceiling deadline to extract spending cuts and other policy concessions from President Biden. Put simply, they plan on holding the American (and world) economy hostage. Yet the media continues to hide this truth behind its “both sides” reporting.
Reich cites three myths commonly published not just on the right, but in the mainstream media:
Myth #1: Both sides are to blame.
Myth #2: The fight is over controlling the national debt.
Myth #3: When it comes to the national debt, both parties have been fiscally irresponsible.
Reich goes on to debunk these three myths.
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