The GOP couldn't care less about the financial, or any other kind of, wellbeing of the average American! They would gladly crash the economy if it got them more donations from their obscenely wealthy donors or if it hurt Biden's and Democrat's chances in the next election. They are the party of sociopaths, who don't care about the common good, but only about themselves and those who can benefit them.

The obscenely wealthy are equally as devoted only to themselves and their insatiable, pathological need to make ever more money! No amount would ever be enough, because their greed is like an addiction that can only be satisfied by constantly gaining more money. This is only part of what gives their greed away as a pathology that is fundamentally driven by fear and insecurity as they already clearly have plenty of money to take care of themselves. They just keep needing more; more money, more possessions, more winning and more losing for the rest of us.

Why the GOP May Actually Want a Second Great Depression https://hartmannreport.com/p/why-the-gop-may-actually-want-a-second?

#GreedKills
#GOPIsThePartyOfTheRich
#GreedIsAPathology
#InsecurityComplex
#GreedIsAnInsecurityResponse

"This is why Kevin McCarthy’s proposed legislation to raise the debt ceiling would strip $80 billion from the IRS: the morbidly rich tax cheats who own him (with the Supreme Court’s blessing in Citizens United) don’t want to get caught.

They want to hang onto the trillions they made during the last two crashes.

And, apparently, they’re happily anticipating the next crash that their boy McCarthy and their bought-off Republicans in Congress are working hard to bring to pass with their debt ceiling manipulations.

— Economic downturns not only cut wages and present buying opportunities for the wealthy and corporate America, they also give massive companies far more leverage when negotiating with vendors, who are typically desperate smaller businesses.

— They retain access to credit so they can leverage their buying opportunities in ways smaller companies and working class individuals can’t.

— And their power to fight unionization increases exponentially as workers scramble and compete for jobs that have become vanishingly rare.

But the average American can be forgiven for thinking that Republicans would be reluctant to crash the economy. Their lived experience is very different from that of Elon Musk (532% increase in wealth during the single year of 2020), Mark Zuckerberg (86% increase), or Jeff Bezos (65% increase).

During the Bush Crash, average income for the poorest 10% of Americans fell by a full 23%, making business (and billionaires) much more profitable while working people were skipping meals and cutting pills in half.

Thirteen years later, the Trump Crash threw 8,500,000 Americans out of work: according to the World Economic Forum, the adjusted unemployment rate hit 22.7 percent in 2020, higher than even during the Bush Crash, and it’s taken a full three years for working people to get back to where they started before Trump so badly mismanaged the pandemic.

Small business revenue collapsed by more than a fifth under Trump, new business formation cratered, and by July 2020 one-in-five American families were behind on their rent. The rate of hunger in America doubled at the same time the GOP sought to cut food stamps (SNAP) and Medicaid benefits.

The Bush and Trump crashes, in other words, did the work the morbidly rich have been demanding for years. Wages fell, unions struggled, corporate profits hit highs literally never before seen in America, and hedge funds bought up millions of distressed single-family homes to flip into high-priced rentals.

The stock market became absurdly cheap with both crashes, providing both the multimillionaire members of Congress and their billionaire backers with what used to be once-in-a-lifetime buying opportunities.

Additionally, throwing the country into a depression would almost guarantee Joe Biden loses the 2024 election. Presidents are rarely re-elected when the economy has gotten worse on their watch. Just ask Donald Trump, Jimmy Carter, or Jerry Ford.

So don’t be so sure Republicans in the House and Senate won’t drag America into default and a second Republican Great Depression if they have a chance.

They and their billionaire backers have almost nothing to lose and a fortune to gain."