- cross-posted to:
- politics@lemmy.world
- cross-posted to:
- politics@lemmy.world
Washington this morning is waiting for House Speaker Mike Johnson to release his plan to keep the government funded past Friday, with Johnson and other leaders planning to brief House Republicans in a 3 p.m. call.
Given the timetable (less than a week), Johnson’s experience dealing with shutdown politics (near zero), and the level of disarray in the GOP conference (high), the chances of a shutdown are growing.
Sources on the Hill and at the White House said they are adjusting travel plans accordingly and preparing to spend the holiday in D.C. A last-minute short-term clean CR is always possible, but over at the White House they are not holding their breath.
Aides are betting on Johnson not being able to figure this out and are preparing along two tracks.
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Not only is Mike Johnson out of his depth, he appears to be unaware that he’s drowning.
Since there is essentially zero chance a shutdown is avoided, the question now is how long do we think the shutdown will last?
Follow up question: how long do we think Johnson will last?
And, how long until an international sell off of US currency as the national credit rating takes multiple hits?
At which point, how long does the US last?
Petroleum creates demand for USD which absolves many of our sins. If OPEC starts demanding a different currency for oil payment, that will be a serious problem for the dollar. Right now, that arrangement puts a floor on the price of the dollar.
Anyone got a head of lettuce handy to compare?
I say no more than 10ish Mooches.
This Mike Johnson guy continues to have the same level of self-awareness as the same Mike Johnson from Morty’s quarter-assed made up story in the Story Train episode of Rick and Morty.
