Just trying to get a good start with the morning coffee this AM, when I saw this on my milk.
There’s that Aug 2 date again! What does it mean? Sell bonds? Stocks? The US economy?
Like I said, I’m trying not to let this madness take over, but it’s everywhere. I just read numerous articles all of which could be summarized thusly: No one knows what the h-e-double-toothpicks is going on but there’s a lot of surrying about.
And every plan now under discussion suffers from either not extending the ceiling until 2013, which is and should remain unacceptable to the president, and/or being terribly unbalanced: all cuts, no revs.
Oh, and I didn’t find even a mention of the unemployment rate–remember that little problem.
Going on CNBC to discuss this stuff around 10 this AM…I’ll be the one whose hair’s on fire.
Update: The sturdy and reliable E.J. Dionne remembers this AM that jobs matter.