Debt Ceiling Default

America Will Avoid Default But There's A Lot More to Do

Mohamed A. El-Erian | Posted 09.30.2011

Mohamed A. El-Erian

Rather than declare victory, Washington should waste no time in redoubling efforts to remove the multiple policy uncertainties and structural impediments that stand in the way of restoring America on the path of high growth and plentiful job creation.

Jason Linkins

GOP Rep Says The 'Period Of Crisis' Provided By Default Might Inspire Lawmakers To Actually Do Their Jobs

HuffingtonPost.com | Jason Linkins | Posted 07.19.2011

It seems to be the consensus among sane individuals that if the United States defaults on its debt, the result would be somewhere between calamitous and apocalyptic. It's the sort of thing that I would recommend avoiding at all costs, but Representative Devin Nunes from California apparently doesn't feel that way. In fact, it seems as if he believes that the "period of crisis" catastrophe provides is just the prescription our log-jammed legislative process needs to start functioning again.