Wrecking the Country for Political Gain

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.


Megan McArdle writes today that if Republicans really follow though on their insane threat to allow the United States to default on its debt, it would probably be good for Democrats in the 2012 election. A reader asks: if that’s the case, then why are Democrats fighting so hard against it? Why not just let the default happen, blame Republicans, and then reap the benefits next November? Megan replies:

I think some version of this question is going through many conservative minds. But it commits a fundamental error: it assumes that this is some sort of zero-sum game….What the people asking this question are missing is that the budget needn’t be zero-sum: it can be negative-sum. It is possible for the Democrats to lose without the Republicans winning. Both sides can end up worse off.

Nope. In this case, we’re talking about a strictly zero-sum outcome set: 435 House seats, 33 Senate seats, and the presidency. In pure partisan terms, if one side loses ground, the other side gains. That’s completely independent of how default affects the country more generally.

So why are Democrats fighting against default? “Leave aside the naive thoughts that Democrats might be trying to avoid default because they, like, care something about the honor of their nation,” says Megan. Indeed. I leave the rest of the blog post in the able hands of my commenters.

Fact:

In-depth journalism that investigates the powerful takes real money and is so damn important right now.But it doesn’t take a Mother Jones investigation to know that billionaires and corporations will never fund the type of reporting (like they do politicians) we do that exists to help bring about change. Instead, our mission-driven journalism is made possible by people power, and has been for 46 years now since our founding as a non-profit.

In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

$400,000 to go!

payment methods

Fact:

In-depth journalism that investigates the powerful takes real money and is so damn important right now.But it doesn’t take a Mother Jones investigation to know that billionaires and corporations will never fund the type of reporting (like they do politicians) we do that exists to help bring about change. Instead, our mission-driven journalism is made possible by people power, and has been for 46 years now since our founding as a non-profit.

In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

$400,000 to go!

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate