Wednesday, August 3, 2011

How Clinton Handled His Debt Ceiling Crisis Better Than Obama | The New Republic

Many people I know would agree with this but The New Republic does add some caveats to its assessment, including this very important point:

"THE MOST CRUCIAL difference between Clinton’s debt limit battle and the current crisis is that, in 1996, the Republicans were bluffing. No Republican seriously considered defaulting on the debt to be a viable option."

My how times have changed...

No comments: