Friday, June 24, 2011
The good news
...is that Republicans have walked away from talks designed to sink America even deeper in debt. The bad news is that they still agree, in principle, that America needs more debt. Which means they'll ultimately cut a deal that will be ignored by future politicians in the same way that current politicians ignore Gramm-Rudman*. While I'm not sure how the GOP will get out of the rhetorical corner into which they have painted themselves vis-a-vis tax increases and the debt-increase/spending cut ratio, I look forward to seeing how they do it.
Then again, I always was a sucker for magic shows.
* Hell, even Gramm and Rudman ignored Gramm-Rudman.