Charles Krauthammer explains that the debt ceiling negotiations are really about something much larger:
We’re in the midst of a great four-year national debate on the size and reach of government, the future of the welfare state, indeed, the nature of the social contract between citizen and state. The distinctive visions of the two parties – social-democratic versus limited-government – have underlain every debate on every issue since Barack Obama’s inauguration: the stimulus, the auto bailouts, health-care reform, financial regulation, deficit spending. Everything. The debt ceiling is but the latest focus of this fundamental divide.
The sausage-making may be unsightly, but the problem is not that Washington is broken, that ridiculous, ubiquitous cliché. The problem is that these two visions are in competition, and the definitive popular verdict has not yet been rendered.
Krauthammer goes on to argue that there is no possibility for conservatives to govern according to their vision without the presidency, and urges them to accept compromise on the debt ceiling.
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