http://www.businessinsider.com/shame...blicans-2011-7
"...
The Republicans, the Economist points out, would rather disrupt the US economy and put the country into default than compromise on a long-term deficit and debt reduction plan.
This behavior is an abdication of the Republicans' responsibilities as elected officials. It puts the Republicans' self-interest ahead of the country's..."
http://www.economist.com/node/189286...ar/shameonthem
"...America’s net indebtedness is a perfectly affordable 65% of GDP, and throughout the past three years of recession and tepid recovery investors have been more than happy to go on lending to the federal government. The current problems, rather, are political..."