August 5, 2011
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Of all the endlessly repeated conventional wisdom in today's Washington, the most lazy, stupid and ubiquitous is that our politics is broken. On the contrary. Our political system is working well (I make no such claims for our economy), indeed, precisely as designed -- profound changes in popular will translated into law that alters the nation's political direction.- Charles Krauthammer, syndicated columnist
The result of such a grand bargain would be debt reduction on a scale never before seen. World confidence in the American economy would rise dramatically. Best of all, we would be back on the road to national solvency.