Monday, May 15, 2023

"No One Knows"

Jon Schwartz writes on the debt ceiling fight in The Intercept today. His CV is presented, but is unintelligible. It tells us he's written a bunch of stuff for several publications, but gives no indication why we should think that he knows anything about anything other than, perhaps, the English language. He is, in my opinion, a typical opinionist of today.

"No one knows what would happen at that point," he begins, "that point" being the nation reaching the debt limit without Congress raising it.

He then proceeds to inform us of precisely what would happen at "that point," including that it, "almost certainly would be deeply unpleasant, with huge job losses, unpredictable bits of the economy imploding, and knock-on effects in other countries that will make them both fear and hate us for decades."

In other words, "No one knows what would happen except me, and I'm going to tell you."  Aren't we lucky?

1 comment:

  1. Bruce9:14 AM

    so if no one know, why are we listening to him? Just another talking head, indeed