Monday, October 14, 2013

over? until January?

Almost Over by Krugman

Senate Republicans have figured out what to do:





It ain’t over until the tanned man sings, but it looks as if Obama’s Michael Corleone strategy has succeeded.

Senators Near Deal on GOP Surrender by Jonathan Chair
This is a huge win for those Republicans who got into the shutdown to help unions. For those who had other goals, it's basically a total surrender. The policy changes attached to the deal appear to be minor, and reciprocal — each party got something of roughly equal value, so the deal could have occurred without the threat of default or shutdown. Democrats probably will have succeeded in their overall goal of giving Republicans nothing through extortion they could not have gotten through regular legislation.
Republicans are delusional about US spending and deficits by Dean Baker


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