Let ’em Eat Cake

In modern day America, the idea that a party would hold power in the House for forty years is almost alien. It is impossible to conceive of this given modern party dynamics. Yet, the Party of Lincoln is about to make the exact same mistakes that led to that result. This morning Commerce Secretary Wilbur Ross said this according to the New York Times:

“The obligations that they would undertake — say borrowing from a bank or credit union — are in effect federally guaranteed,” Mr. Ross told CNBC on Thursday morning. “So the 30 days of pay that people will be out — there’s no real reason why they…

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