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Politics : Actual left/right wing discussion -- Ignore unavailable to you. Want to Upgrade?


To: TimF who wrote (9984)8/1/2011 7:57:26 PM
From: Lane31 Recommendation  Read Replies (2) | Respond to of 10087
 
I think that the good thing that came out of this is that there is recognition that there are folks who are serious about stopping the spending spree and that it's no longer business as usual. Everything else is just detail. The deal is pretty trivial, actually. The only thing meaningful is the insistence on an effort to keep the discussion going and that could easily turn into nothing.

I never thought and still don't think that we won't raise the debt limit. I fall back on my admittedly shaky premise that "no one is that stupid." My issue is not with the brinksmanship but with the willingness to actually jump. That's why I said I would never vote for anyone who, in the end, VOTED against raising the debt limit. Voting against it means that you would actually jump, not pretend to jump to get a better deal. (And/or that you have really, really dumb constituents.)

Megan McArdle was in good form today...

might as well just remove the ceiling completely if its not going to be used productively and threatening not to raise it is considered out of bounds.

Yeah.