The Debt Ceiling Debate

As always, Krugman nails it. The GOP is reckless and Obama needs to stand up to Boehner and House Republicans, or else it will never get better.

According to Harry Reid, the Senate majority leader, Mr. Obama has told Democrats not to draw any “line in the sand” in debt negotiations. Well, count me among those who find this strategy completely baffling. At some point — and sooner rather than later — the president has to draw a line. Otherwise, he might as well move out of the White House, and hand the keys over to the Tea Party.

via Held Hostage Over the Debt Ceiling - NYTimes.com.