Business rules and faith in the leadership

Mitch McConnell wants the Republican-controlled Congress to stick President Obama with sole ownership of the decision to raise the debt ceiling. Probably a good move for them. This way, come election time, the GOP-Tea Party can point to the White House and say "Obama wants to spend even more, so he raised the debt ceiling!"

The whole debate places the Republican leadership in a tough spot: They don't want any part of a default, but they don't want to be perceived as being soft on spending, either. McConnell's way provides a way out. His additional requirement--that Obama specify cuts equal to each increase--almost seems unnecessary.

The New York Times article "McConnell Warns of Risk to Party, and Country, of Default" lays out the issue from McConnell's point of view. And it says,

While Mr. McConnell’s plan would face an array of political and perhaps constitutional issues, it signaled that Republican leaders did not intend to let conservative demands for deep spending cuts provoke a possible financial crisis and saddle the party with a reputation for irresponsible intransigence.

This sentence (1) nods in agreement with the premise that not raising the debt ceiling is bad and (2) signals confidence in the Republican leadership. And the word "irresponsible" is key there; it is at once (1) a recognition that the party has already been saddled with a reputation for neutral or responsible intransigence, and (2) a denial of any intransigence because such recognition goes unstated.

On the blue side, President Obama is always in need of strategy; if he wanted to rebuild some Federal Government credibility among the public, he should start a PR campaign to highlight new research and development in other countries and frame this in terms of other nations progressing while America stalls. What proud American wouldn't reconsider funding NASA after learning that China is gearing up its space program?