As I noted last week, one unfortunate aspect of the current political crisis in Washington is that the country's best-financed purveyors of centrist economic policy wisdom at Fix the Debt are essentially egging on hostage tactics by urging politicians to take advantage of this crisis to engineer a "grand bargain" on fiscal policy.
Today they're stepping that campaign up with a new ad:
The idea of focusing on long-term problems is nice, though as Larry Summers points out in a great new column, this isn't even a very good choice of a long-term problem to focus on. But I would also add even though talking about the long term sounds high-minded and high-status, we actually have an acute emergency situation here. It would be better to address that situation—raise the debt ceiling, reopen the government—and then continue the necessarily more difficult debate about long-term policy separately.
TODAY IN SLATE
More Than Scottish Pride
What Charles Barkley Gets Wrong About Corporal Punishment and Black Culture
Why Greenland’s “Dark Snow” Should Worry You
Three Talented Actresses in Three Terrible New Shows
Why Do Some People See the Virgin Mary in Grilled Cheese?
The science that explains the human need to find meaning in coincidences.
Happy Constitution Day!
Too bad it’s almost certainly unconstitutional.