GOP ‘playing with fire’ over debt limit

Treasury Secretary Jack Lew is the latest Washington, D.C. official to turn himself into a Sunday news show hologram, making five appearances today on broadcast and cable TV to deliver a stern message.

Failure to increase the nation’s debt limit would be catastrophic to the economy, Lew said.

Is anyone listening on the Republican side of the aisle?

http://thehill.com/video/sunday-shows/326799-lew-congress-is-playing-with-fire

The debt limit stands at $16.7 trillion. If Congress doesn’t approve a measure to boost it by Oct. 17, the nation’s ability to pay its debts runs out. The United States would default on its obligations.

The Republican-led House of Representatives, though, is digging in on that one. The GOP wants to defund the Affordable Care Act so badly it has produced a partial government shutdown. GOP showboats like Sen. Ted Cruz of Texas say they’ll do “whatever it takes to defund Obamacare.”

Does that mean destroying people’s retirement accounts, downgrading the nation’s worldwide credit rating, forcing a stock market collapse? Is that what they mean by “whatever it takes”?

Lew’s message is stark. I happen to believe his prognosis. Does anyone in power in D.C. care about those of us out here who are going to pay the price for their foolishness?