Tag Archives: US debt ceiling

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

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 …

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

Recent Comments

  • Chloe
    Her poll rating amongst teachers is awful, & to read the teachers blogs about the reforms she put in place is an eye-opener. Above all else, those calling ...
  • Tom Bailey
    In the 1970’s an American man called Walter Carlos was a serious well established musician, professional in the world of electronic music. At some point he w...
  • Chloe
    'The truth is that our freedoms are being subtly eroded in an era where emotion and sentiment are prized above reason and rationality'... KB...
  • David Allen
    "Starmer failed to communicate the home truths that the country needs to be told. Over promising led to under delivery." This doesn't quite cut it. One, bec...
  • Nonconformistradical
    "which is more than I can say for Ms Badenoch who was shrill and cheap in her remarks" I can't recall ever being impressed with anything she has said......