Sunday, July 31, 2011

Good post on the debt ceiling negotiations

On NRO Nicole Gelinas has a very sound post on what should be next for Republicans.  Namely accept the deal.

"It would be one thing if an instant solution to our long-term fiscal, social, and economic problems were at hand, and the only thing stopping us from enacting it were the ability to borrow more money next week. But that’s not the case.

An intensification of default brinkmanship would only hurt the economy, and make longer-term problems harder to solve."

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