The Political Theater and the Debt Ceiling Crisis: Are We Being Had?
So what might be going on? One possibility is that the political theater is operating to bring about otherwise politically impossible cuts in the social safety net. If the drama continues to the absolute deadline without a deal, Obama, who perhaps favors cutting the safety net as much as do the Republicans, would have to accept the Republican package in order that the troops are not cut off from supplies, Social Security checks can continue to go out, and the dollar be saved. Having opposed the Republicans to the last minute, Obama can say that he had no other recourse. http://www.activistpost.com/2011/07/political-theater-and-debt-ceiling.html