Wednesday, 29 June 2011

Debt Ceiling - Four Options

Take a flying leap:  Obama adds debt by Executive Order, jumping over the lawmakers. Who will call him on it?
Bad Cop Good Cop:  Scare the Republicans by taking it to brink and setting off all the alarms and then offering to be nice but Democrat nice.   ("National Journal’s Marc Ambinder reports that Obama believes he can get the Republicans to cave on taxes if he first lets the bond markets panic in late-July.")
The Kids will pay:  The traditional solution.  Punt so someone else cleans up the mess.

The fourth option involves adult conversation.

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