A good friend with less of a feel for the pulse of Washington than any politician but a good deal more common sense than most of them commented to me earlier this week 'They are going to shut down the federal government? What a stupid idea.' A statement both simple and concise, it echoed the thoughts of many Americans. Fortunately, the sentiments her comment suggested were finally appreciated by those in charge of such things as an eleventh hour deal was struck on the budget last night.
While it reamains to be seen if all of the politicking was worth it, the budget will, if nothing else, provide a political talking point for those with presidential aspirations. Clearly, the historic $38 billion in cuts will serve as a referendum on poli-economic idealogies; if they work, the eventual Republican nominee can hope to have a leg up in 2012. If not, President Obama's currently dismal approval ratings could still be too high a mountain to climb for a representative of the 'cuts' party.
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