After weeks of the all-consuming debt debate in Washington, the political conversation is about to take a sharp turn back to the 2012 presidential election as Republicans gather in Iowa for the first real test of momentum and organization.
Largely lost in the all-consuming debt ceiling debate, the FAA shutdown is now closing in on two weeks.
"Where true Palinism could be most productively applied is on the issues consuming Washington right now: debt and deficits," writes Mr Green.
One of the most astounding things about the debt fight consuming Washington is how many questions remain unanswered even for the politicians themselves who are racing against the clock to prevent an economic disaster.
"And the debt crisis consuming the United States' largest trading partner is arguably a much more immediate threat than Iran, Libyan terrorism, or any other foreign policy issue the candidates have discussed".
But because the Children's Opportunity Bequest and Fund is budget neutral — it would help children without adding to the federal debt or consuming limited state dollars — there is little risk in establishing it.
THE European summit in Brussels last night spent surprisingly little time on the issue that is consuming all governments: the debt crisis in Greece and the future of the euro.
U.S. Consumers Not Consuming.
Mozambique borrowed heavily so that it could fund development, alleviate its shortage of foreign exchange, and, eventually, import basic necessities such as food; by the 1990s debt service was consuming one-fourth of annual foreign exchange earnings.
With consuming nations struggling to work off debt and oil prices rising once more, are we in for a new age of de-globalisation, akin to the interwar period of last century?
He pointed to strong recent growth in business investment, and stressed: "This is not a debt-fuelled consumer recovery … households are consuming out of income".
