Monday, February 15, 2010

the crisis in governance

digby at Hullabaloo quotes Paul Volcker: "the crisis I most worry about is the crisis in governance"

digby's typically elegant summary:
"one party is politically feckless and ineffectual and the other is politically reckless and radical and that's causing gridlock and frustration. . . . There are many problems with governance right now. . . . inability to . . . reform is not caused by the differences between the two parties, but rather their similarities. That's a much, much bigger problem."
I think she meant to reference the complementarity of the two Parties, rather than their similarity. But, yes, it is a much bigger problem.
Much bigger.

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