So now, with a little more time, perhaps we can have an honest appraisal of the alternatives.
All due respect, Markos, but at what cost? I'd like to think pleasant thoughts about how the markets and economy will level off while the slow-moving leviathan called the House of Representatives contemplates better ideas, but is anyone seriously suggesting that that a leveling off will happen?
Today was the largest one-day point loss in the history of the Dow and no-one is saying tomorrow will be better.
UPDATE: Nate Silver:
Having said all of the above, the schadenfreude of certain liberals on this issue is absolutely obnoxious. A lot of people are going to be hurt by this, and not just those in the investor class. I tend to see this more as a failure of our democracy than a reaffirmation of it. The congressmen who are retiring this year -- and who therefore can perhaps be described as the most neutral arbiters of the public good -- voted overwhelmingly for this measure.
I would love to sit back with my feet propped up on the coffee table with a sweet, sweet Sam Adams lager and laugh at this epic Republican fail. I just can't.