Ted Yoho: We Must Destroy the World In Order to Save It

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.


Government policy may or may not have been a prime cause of the 2008 financial crisis, but Dan Drezner says it sure is a prime cause of the lousy recovery since then:

A standard lament about the 2008 financial crisis is that it happened because of “market fundamentalism.”….But between the Eurozone crisis and U.S. policy deadlocks, it’s striking how much the gyrations of the past few years are because of governance failures. And it’s depressing to consider how much better the global economy would be doing if politicians in the advanced industrialized economies were a bit better at their jobs.

Yep. And speaking of governance failures, here is Rep. Ted Yoho over the weekend:

“I think we need to have that moment where we realize [we’re] going broke. If the debt ceiling isn’t raised, that will sure as heck be a moment. I think, personally, it would bring stability to the world markets,” since they would be assured the United States had moved decisively to curb its debt.

Yes indeedy. Breaching the debt ceiling will bring stability to world markets. I wonder what other ideas Yoho has for bringing stability to world markets? I’d love to hear them.

I think Yoho deserves to be immortalized for this. As we all know, the increasingly annoying acronym YOLO means You Only Live Once. So what does YOHO stand for? You Only Hijack Once?

We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

payment methods

We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate