The world had better start paying attention to the US government’s inability to govern. The prevailing mood over this has been strangely complacent. Six months of the fiscal year gone and only now a ramshackle budget? Government brought to the brink of shutdown over trifling disagreements?And on Ryan's Big Idea:
Unfortunately, the Republicans’ plan is no good. In the first place, it offers no basis for compromise with Democrats. The paradox of US politics is that the system, with all its checks and balances, insists on compromise, whereas its practitioners – now more than ever – see compromise as defeat. Every American reveres the constitution; every politician and political activist recoils at the outcome it was designed to provide.And wrapping it up:
Forget the comic squabble over fiscal 2011. What counts is the long-term fiscal outlook. It is not funny, and the solution to the problem is nowhere in sight.That about nails it. We are seen as a 10-car pileup, and there's no ambulance on the way, because we cut the funding.