A shock to the system is always unpleasant, but sometimes a bit of short-term unpleasantness is worth enduring to secure long-term survival.... The Big Government system has been holding all of us hostage with exaggerated fears [of a default's consequences] for decades. Maybe it’s time to call their bluff, and find out just how many bullets are really in the gun they’ve been waving at us.
Did you notice? Did you notice that the writer, John Hayward, earnestly invites a test of default's consequences while simultaneously declaring them "exaggerated"? If he already knows them to be exaggerated, then a "test" is of course a trifle puzzling.
The ostensible thrust of Hayward's piece is that talk of destruction is all just a massive hoax, and you're to take his word for it.Not much would happen, according to Mr. Hayward. Well, sure, all the world's leading economists would be proven utter, panicky buffoons, but our economy and global markets would breeze mostly unwounded by all the left-wing, propagandistic hysteria about default's devastating harm. Other than that, we wouldn't much notice. We would be visited by merely "a bit of short-term unpleasantness." That's what Mr. Hayward says he believes.
And perhaps he believes it sincerely. I do wonder, though, if Mr. Hayward and his likeminded readers don't actually believe quite the opposite: that default would be every bit as destructive as economists have forecast, and then some--and they're hoping like hell it comes about. Utter destruction. Anarchy. Riots in the streets. A national meltdown.
It fits their personality type of neofascistic yearnings in which only the Nietzschean strong will themselves back to power. They're not only enjoying the present chaos, they're praying for the absolute worst.