The President Surrenders on Debt Ceiling

The President Surrenders on Debt Ceiling | Paul krugman (NYTimes.com)
►http://www.nytimes.com/2011/08/01/opinion/the-president-surrenders-on-debt-ceiling.html?src=ISMR_AP_LO_MST_FB

A deal to raise the federal debt ceiling is in the works. If it goes through, many commentators will declare that disaster was avoided. But they will be wrong.

The President Surrenders on Debt Ceiling | Paul Krugman (The New York Times)
►http://www.nytimes.com/2011/08/01/opinion/the-president-surrenders-on-debt-ceiling.html

A deal to raise the federal debt ceiling is in the works. If it goes through, many commentators will declare that disaster was avoided. But they will be wrong.