Debt Ceiling Showdown: Culture, Hard Lessons Drive Republican Anti-Tax Stand

Ignorant and shell-shoc­ked.  By the time Americans realize what's happened, it's all a done deal.  Naomi Klein describes it well as "shock economy".

I really have no doubt that there will be an agreement at the eleventh hour that will include massive cuts to people's programs, including Social Security, Medicare and Medicaid with Obama having gotten very little in the way of concession­s from Republican­s.  But it won't stop him from spinning it as "Great deal!".  We already see that what he's offered in these secret talks are consequenc­es that kick in in a few years, just like his health insurance giveaway legislatio­n, so there's distance between these politician­s and the "fruits" of their labors.
About Eric Cantor

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