Sunday, May 24, 2026

Republicans aim to increase the uncertainty of economic policy…again


From CNN, “McConnell said that the Republican Party will not vote to raise the debt ceiling, causing conflict in Congress.”:

In an interview with Punchbowl News published on Wednesday, McConnell said: “I can’t imagine that after what we have experienced, a Republican will vote to raise the debt ceiling.”

Chief Budget Officer A report released today estimates that even after implementing emergency measures, the Ministry of Finance will run out of funds in October or November. Therefore, it is expected to repeat itself in the mid-2000s, when the political fringe policies of the Republican Party led to increased economic policy uncertainty.

figure 1: Economic policy uncertainty index (news) (blue line) and 7-day central moving average (red line). Source: policyuncertainty.com and author’s calculations.

Please note that these peaks are high, but not the highest in the series-this award is awarded to entries on April 26, 2020, because Mr. Trump believed that bleach may be effective in treating Covid-19 on April 23 method.

The Ecobrowser evaluation in the previous episodes, Here , Here, Here, Here with Here.



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