The Corner

Krauthammer’s Take

From Thursday night’s Fox News All-Stars.

On Speaker Boehner being short a few votes for his debt ceiling plan:

If they can’t get the last two votes, they can appeal to five no votes and say, ‘Look, you can honorably abstain. You wouldn’t be supporting something that you say that you can’t. But the future of the party and the fate of this debt issue is in your hands, because if we don’t succeed, we lose all our leverage, and we will end up worse off.’

On an S&P conference call suggesting that any deficit reduction deal short of $4 trillion may not be significant enough to avoid a downgrade of U.S. credit:

What is really important here is that it completely undermines the Obama argument against the Boehner bill. Its argument is: It’s [the debt ceiling extension] got to be a year and a half because if it’s shorter, that will cause the rating agencies to lower our rating because of uncertainty.

What you’re hearing here is if the ratings are lowered because of what’s going on here, it’s not because of the shortness of the extension. It’ll be because of the size [of the debt reduction], because the size is what tells you about the seriousness. And the seriousness that has been demonstrated by the Democrats here has been zero. It’s resisted all entitlement reform, all real reform, and in the Reid plan it seeks all kinds of loopholes and gimmicks to avoid real debt reductions.

So if Obama says, ‘I can’t support a six-month extension because it will lower our rating,’ what we’re hearing here is the opposite. It’s the size and the seriousness that matters.

NRO Staff — Members of the National Review Online editorial and operational teams are included under the umbrella “NR Staff.”

Most Popular

Culture

New England Journal of Medicine Pushes Reparations

Reparations would grant African Americans government benefits not paid to other Americans to rectify the awful sin of slavery and the "peculiar institution's" residual harm. It is a favored policy of hard progressives, so of course, the New England Journal of Medicine -- which regularly promotes left-wing causes ... Read More
Culture

New England Journal of Medicine Pushes Reparations

Reparations would grant African Americans government benefits not paid to other Americans to rectify the awful sin of slavery and the "peculiar institution's" residual harm. It is a favored policy of hard progressives, so of course, the New England Journal of Medicine -- which regularly promotes left-wing causes ... Read More
Books

Three Cheers for the Quiet Ones

People often dismiss shy, quiet characters in literature. Readers prefer to identify with Jo March, Elizabeth Bennett, or Anne Shirley -- those delightful, bold, and charming characters who made a deep impression on us when we first encountered them. While there’s nothing wrong with emulating or admiring these ... Read More
Books

Three Cheers for the Quiet Ones

People often dismiss shy, quiet characters in literature. Readers prefer to identify with Jo March, Elizabeth Bennett, or Anne Shirley -- those delightful, bold, and charming characters who made a deep impression on us when we first encountered them. While there’s nothing wrong with emulating or admiring these ... Read More

The New GOP

Ronald Reagan was dubbed the “Great Communicator.” Donald Trump might well be labeled the “Great Accelerator.” U.S. politics was polarized before President Trump, with both coalitions motivated mostly by fear of each other. We have gotten more polarized since Trump rode down that escalator. The Upper ... Read More

The New GOP

Ronald Reagan was dubbed the “Great Communicator.” Donald Trump might well be labeled the “Great Accelerator.” U.S. politics was polarized before President Trump, with both coalitions motivated mostly by fear of each other. We have gotten more polarized since Trump rode down that escalator. The Upper ... Read More

The Imaginary Trump

Like Andrew Jackson, Donald Trump is man who represents the age in which he lived. Whatever you may think of the age. Jackson embodied a generation of men who had risen and made their mark in a young country. He represented their desire for greater representation, even if it had costs for slaves and Indians. He ... Read More

The Imaginary Trump

Like Andrew Jackson, Donald Trump is man who represents the age in which he lived. Whatever you may think of the age. Jackson embodied a generation of men who had risen and made their mark in a young country. He represented their desire for greater representation, even if it had costs for slaves and Indians. He ... Read More