[arthurus]

No portion of any deal regarding the debt ceiling matters. The only significant act will be the authorization of more debt. The Republicans will lose when they raise the debt ceiling. The economy lost long ago. Republicans, in the same way as Democrats, are Keynesians. They "know" deep in their bones that the government must grease the wheels for an appearance of some sort of free market. They khow in their DNA that the world and the Economy can only be run by an elite that employs the Experts that are required to make the economy work. They understand at the same time but more superficially that the government should get out of the way but we are, after all, in depression, and they are so afraid of not appearing to "do something" that they will, they must, DO SOMETHING. So the economic decline will be smoothed out a little more so that the collapse, when it comes(WHEN it comes, not if) will be deeper and of longer duration if not. We call it "kicking the can down the road." Somewhere this road ends in a cliff and the exits ahead are fewer and harder to get to, the offramps describe tighter and tighter turns, harder and harder for politicians to make the decision to get off this road.

[EQAndyBuzz]

“The only significant act will be the authorization of more debt.”

And that is the statement of the year. Everything else is smoke and mirrors. Obama wants to send more, he wants Congress to approve it, then the MSM will go after Republicans for raising taxes.