US Default resolution: “Far less than many had hoped for, far better than some had thought”


The inevitable painful resolution of the US Default self-induced crisis was summed up memorably by senior Republican Mitch McConnell

I found his words worth more than many of the news stories, blogs, and comments that followed the settlement. I found them in The Daily telegraph report:

Mitch McConnell, the top Republican in the Senate who has been forced to contend with ‘no compromise’ Tea Party members of his own ranks, led by the freshman Texas senator Ted Cruz, was much more downbeat.
“This is far less than many of us had hoped for, frankly, but it is far better than what some had sought,” he said, “Now it’s time for Republicans to unite behind other crucial goals.”

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