Krugman flat out calls Boehner and Cantor stupid for backing themselves into a corner on the shut down/debt ceiling. He says Obama won't back down, his cave-in over the debt ceiling in 2011 was his worst decision, and he won't repeat that again according to Krugman. Boehner and Cantor are stupid because they know Obama won't give ground and Obama is winning this politically so there is no way Boehner and Cantor can come out of this positively. Krugman's 'stupid' remark is quite noteworthy since he says he never believed George W Bush nor his advisers were stupid just 'incurious' and 'dishonest'.
Krugman ends the post very concerned since he thinks the country / world may pay the price for this stupidity since it could lead to a default.
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