Tuesday, August 2, 2011

The debt ceiling deal: What should we have expected? — The Monkey Cage

My sentiments, exactly. - GWC
The debt ceiling deal: What should we have expected? — The Monkey Cage:
by James Fearon (Stanford)
"So I don’t know, maybe Obama is bad at legislative poker, but I’d like to know more about how the argument works. Seems to me that he has very little bargaining power to begin with in a legislative situation like this one. And this is not so much because the economy is terrible and his favorability ratings are low, but because the U.S. Constitution has it that Congress organizes its own procedures and makes the laws, basically."

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