1min chapter

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Ron’s Boulevard of Broken Streams

Pod Save America

CHAPTER

The Politics of Default

The question of who the public blames in the immediate aftermath of a default is a largely irrelevant question. It does not matter to the millions of people who lose their jobs and the people who can't afford things because interest rates skyrocket due to COVID. But even if you just want to focus on the politics of it, even let's say we default Joe Biden and every Democrat uses every available outlet to hammer the Republicans. You convince them that it's the Republicans fault.

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