I agree. Even S&P agrees: They specifically call out "brinksmanship" and the refusal to increase revenues. While they also expected cuts to entitlements - Obama offered those if increases in revenue would be considered.
"The political brinksmanship of recent months highlights what we see as America's governance and policy making becoming less stable, less effective, and less predictable than what we previously believed" "It appears that for now, new revenues have dropped down on the menu of policy options.
Wall Street and global investors are reacting to the sovereign debt loads of developed nations. The only thing that the debt ceiling debate did was draw attention away from that impending crisis. For example, Italy has the third largest bond market in the world behind the United States and Japan.
With a debt ratio that is second only to Greece, economic problems will have a significant impact on the global economy. Only someone who is completely ignorant of economics would lay the blame on the Tea Party or their leadership.
I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.