Economists obliquely warn against letting the GOP economic terrorists get control of the House
The House Republicans’ threat to hold the debt limit hostage in return for drastic spending cuts if they gain the majority in next month’s midterm election is already creating angst for economists and analysts, even though the fight could be as much as a year away.
“If we go into recession, the response normally is stimulative fiscal policy, but it seems like the appetite for that may be waning.