Friday, October 4, 2013

Debt Ceiling Chicken and Trench Warfare « naked capitalism

This piece is an interesting summary of the politics behind the federal government shutdown and how and when it might end.  Comments?

Debt Ceiling Chicken and Trench Warfare « naked capitalism

4 comments:

  1. In two weeks we reach the debt limit and it as important that this be addressed. Given that I think the government would need to be open by then, hence this shutdown will not last longer than what most people think. I see the Republicans giving in and coming back to the table for discussion. Everyone, I mean from both parties, realizes that the economy will be shuttered.

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  2. Exactly as stated in another article in the blog that it was a battle they cannot win because they are fighting with the president.

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  3. I really believe the Congress will raise the debt ceiling before the October 17th deadline.

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  4. As the shutdown continues, it seems that republicans are realizing they are becoming increasingly unpopular with their tactics--I don't think they'll risk being blamed for the shutdown AND the cliff

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