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Paul Krugman: Don’t try to appease the economic terrorists

Today’s GOP doesn’t even seem to have a coherent set of demands.

(Haiyun Jiang | The New York Times) House Speaker Kevin McCarthy (R-Calif.) speaks to reporters during a press conference in Statuary Hall on Capitol Hill, in Washington on Thursday, Jan. 12, 2023. McCarthy has said it is President Biden and his allies who are acting recklessly regarding the debt ceiling.

(Haiyun Jiang | The New York Times) House Speaker Kevin McCarthy (R-Calif.) speaks to reporters during a press conference in Statuary Hall on Capitol Hill, in Washington on Thursday, Jan. 12, 2023. McCarthy has said it is President Biden and his allies who are acting recklessly regarding the debt ceiling.

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By Paul Krugman | The New York Times