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View Diary: Ezra Klein is Right: NO COIN. (77 comments)

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  •  All one needs is the credible threat (1+ / 0-)
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    Aspe4

    of minting the coin to induce doubt in the ever-declining non-wingnut contingent of the Republican party (see, "Wall Street Republican")  That, together with the President's tough "no negotiation" stance should be enough for the President to force the GOP to back down on the debt-limit threat -- hopefully for good.

    The coin needs to be on the table as a very-last-resort, emergency-parachute kind of option in order for the credible threat to work.  If Obama were to say right now that he is not willing to do it, that would be a negotiating mistake in my opinion.  Ezra's a smart guy, but I think he fell asleep in his econ classes when game theory was being discussed.
     

    You wanna f*%^ with Big Bird? You gotta come through me.

    by DaveV on Fri Jan 11, 2013 at 10:42:45 AM PST

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