Political Class

The Washington Post had a good article yesterday about the nation’s debt and the “supercommittee” tasked on fixing it: “Debt panel’s failure puts Bush tax cuts in spotlight“.

The key quote that sums up politics right now:

The deadlock on the committee offers the latest reminder that the country’s political class seems unable to address fundamental national problems unless faced with an immediate crisis. In this case, the Bush tax cuts – and, with them, the fate of the nation’s precarious finances – will in all likelihood be punted beyond next November’s election.

The person (or party) that recognizes this and campaigns on it will have a good shot of winning next year …