Tuesday, August 2, 2011

New Deal ?

Simon Mann


The debt agreement gives Barack Obama a second chance to solve America's problems and at the same time boosts his re-election chances.
THE political wash-up from the deal that rescued America's AAA credit rating by staving off a default on the nation's massive debt, will buffet US politics for months ahead. Who blinked? Who sold out? And who triumphed in one of the most tortuous and testy political exchanges in US history?
Ultimately, it will be ''the American people'', to whom Washington's leaders routinely pay homage, who will grade the political performances of Republicans and Democrats 15 months from now, on the first Tuesday in November 2012.

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