Pols Are Pols And Do What They Do
Thereís actually a simple way to resolve the debt ceiling crisis: non-crazy Republican leaders could support something like the Reid plan ó which is, letís be clear, a huge victory for the right and defeat for progressives ó and pass it with limited GOP support and overwhelming Democratic support. Situation resolved. This would, however, probably be the end of these Republicansí political careers. And the answer is, so? [. . . T]ak[ing] the action Iíve just described means that they are risking Americaís future rather than pay a price in their personal political careers. Thatís cowardice on an epic scale, even if itís the kind of behavior we take for granted nowadays.
This is kind of silly from Krugman. Pols have always acted first and foremost in their own political interests. The key for the electorate is to make them act in ways that are beneficial to the Nation. There are 2 ways out of this mess now - (1) carve a solution that allows pols, politically, to act to raise the debt ceiling; or (2) make not raising the debt ceiling the worst political choice.
I think not even the Tea Partiers really care about raising the debt ceiling, even when the President is a Democrat. This is the biggest political paper tiger of all time. But Boehner thinks he needs one more concession. And he'll get it - they will break up the Reid Plan into 2 votes, so that Boehner can claim a win. This is all very predictable imo.
Speaking for me only
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