Tag Archives: O. Henry

The Ransom of Red Party

The Republican Party is threatening not to raise the debt limit unless President Obama and the Democrats accede to their list of demands, which includes defunding the Affordable Care Act. Economists believe that this would precipitate an economic downturn. Effectively, then, the GOP is holding economy hostage. So why don’t most Americans seem scared? Because for them, the downturn began years ago, and is merely continuing.