The Madmen Win Again?
Intelligent and reasonable persons can disagree on whether what appears to be the emerging fiscal cliff deal is a deal worth making. It certtainly is not a good deal, but it might be the least bad option.
However, it does confirm that Madman Political Bargaining works. Republicans are getting much more than they should have in this deal.
In my August 2011 post about the debt ceiling "end of the world" negotiations of 2011 (soon to be repeated apparently), I argued:
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