Tag Archives: US debt ceiling

Greg Judge

Opinion: What the US debt ceiling crisis can teach Britain on coalition and compromise

By Greg Judge | Thu 4th August 2011 - 1:51 pm

The crisis in the US Congress has finally come to an end and President Obama was able to raise the country’s debt ceiling without invoking the 14th Amendment. It has been a weekend of worry and apprehension as to how far extremist factions such as the Republican Tea Party were willing to go and whether they were prepared to bring the country to the lowly depths of economic default.

Neither major party had seemed prepared to give up what means most to them; the preservation of continued support for Medicare and Social Security (Democrats) or the need for heavy fiscal cuts …

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Posted in Op-eds | Also tagged and | 14 Comments
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Recent Comments

  • Jonathan Parry
    This is an interesting article. One Nation Toryism never got going until the demise of the Liberals in the 1920s (Disraeli certainly never practised it). To t...
  • Peter Davies
    In Latin it may be a gerund but in English it's a noun. If I were to object to the Government's referending of the public, that would be a gerund....
  • Alex Macfie
    Except that "referendum" is not a Latin 2nd Declension Neuter noun. It's a gerundive; as such it is used in English differently from Latin so should take an Eng...
  • PM
    @ PM, It can be either. I do remember from my schooldays that the plural in Latin involved replacing the 'um' of a neuter noun by an 'a'. I must have managed...
  • Alex Macfie
    It's "referendums"....