from Paul Krugman
July 22, 2011, 8:01 pm
Backbone!
So President Obama — perhaps with some backstopping from Democrats in Congress — has his limits. And he seemed genuinely angry. Good.
More and more, I think this will end up with the constitutional option: just saying that the 14th amendment and the debt ceiling are incompatible, and ignoring the limit. Let the GOP go ahead and try to impeach: the whole world knows who’s intransigent here.
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