A further thought about the debt “deal”
From what I can tell the only thing the President absolutely held the line on was no further debt ceiling negotiations until after the re-election campaign of 2012. I see where his priorities lie.
Archive of entries posted on 31st July 2011
Amazing
Never in a million years did I think hostage-taking would be institutionalized in the US Congress. The most dangerous part of this game is the Grand Bargain we’ve already agreed to, which is that the very economy of the United States can be held hostage, successfully, in exchange for increasingly radical partisan concessions. The moment …