The Coming Catastrophe
Will Republican control of th House (and maybe the Senate) lead to catastrophe? Paul Krugman says yes:
[The] era of partial cooperation in the 1990s came only after Republicans had tried all-out confrontation, actually shutting down the federal government in an effort to force President Bill Clinton to give in to their demands for big cuts in Medicare. [. . . T]he lesson current Republicans seem to have drawn from 1995 isn’t that they were too confrontational, it’s that they weren’t confrontational enough.
Will President Obama show the same resolve? It's an open question I think. This is crucial for, as Krugman points out, the policy challenges, especially on the economy, are much more daunting now:
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