Ryan Avent argues that only "explicit outside pressure, from bond markets, will yield deals" on the debt. Jonathan Bernstein agrees. American democracy is great, isn't it? Even with annual trillion dollar deficits, politicians are paralyzed by partisanship in their response. And the president? AWOL, as David Brooks notes this morning.
We want to hear what you think about this article. Submit a letter to the editor or write to email@example.com.