MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
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Once the Bush tax cuts expire, there's no more bargain to be made. In objective budget terms, that's not a bad thing—there's no actual problem that a grand bargain would solve. But the pursuit of the grand bargain for its own sake has become very important to a lot of people and Peterson's succeeded in turning it into a mid-sized industry in DC. So the pursuit will continue.
Matt Yglesias, October 5, Slate's Money Box