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UNSUSTAINABLE: ?The problem, obviously, is the debt, not the debt limit. But the public?s focus on ?

By Glenn Reynolds

UNSUSTAINABLE: “The problem, obviously, is the debt, not the debt limit. But the public’s focus on the debt ceiling presents both an opportunity and a hazard for Republicans–an opportunity, if they can extract substantial spending cuts and other relief in exchange for what I assume is an inevitable increase in the limit; and a hazard if they can’t, and if voters perceive an extension of the limit as evidence that Republicans aren’t following through on their promises.”

Full post as published by Instapundit.com on January 14, 2011 (boomark / email).