Krugman- Gangs (It's too early to figure how this plays out)

n2doc

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Wed Jul-20-11 05:25 PM
Original message

Krugman- Gangs (It's too early to figure how this plays out)

July 20, 2011, 2:25 PM
Gangs
If I seem sort of quiet on the debt ceiling stuff, it�s because (a) I have no idea how the political brinkmanship will play out (b) I believe that any deal like the Gang of Six proposal or whatever, even if enacted, offers little guide to what will actually happen starting after next year�s election. If it�s a Republican sweep, they will quickly dissipate any spending cuts with another round of tax cuts. If Democrats hold the White House and possibly even regain the House, they might conceivably turn to a solution that makes sense.

So does this mean that I regard the president�s enthusiasm for a big deal as foolish? Yes.
http://krugman.blogs.nytimes.com/2011/07/20/gangs/

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Demeter

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Wed Jul-20-11 05:41 PM
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1. Whether the Stone Hits the Pitcher, or the Pitcher Hits the Stone

it's going to be bad for the pitcher....Sancho Panza, Man of La Mancha.

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pscot

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Wed Jul-20-11 06:32 PM
Response to Original message

2. De nada

Edited on Wed Jul-20-11 06:34 PM by pscot

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