KRUGMAN On Fire: The Dixiecrat Solution [View all]
So you have this neighbor who has been making your life hell. First he tied you up with a spurious lawsuit; youre both suffering from huge legal bills. Then he threatened bodily harm to your family. Now, however, he says hes willing to compromise: Hell call off the lawsuit, which is to his advantage as well as yours. But in return you must give him your car. Oh, and hell stop threatening your family but only for a week, after which the threats will resume.
Not much of an offer, is it? But heres the kicker: Your neighbors relatives, who have been egging him on, are furious that he didnt also demand that you kill your dog.
And now you understand the current state of budget negotiations.
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The question for the next few days is whether plunging markets and urgent appeals from big business will stiffen the non-extremists spines. For as far as I can tell, the reverse-Dixiecrat solution is the only way out of this mess.
the rest:
http://www.nytimes.com/2013/10/14/opinion/krugman-the-dixiecrat-solution.html?nl=todaysheadlines&emc=edit_th_20131014&_r=0