The biggest loser emerging from the Washington debt limit fiasco is undoubtedly the President of the United States, Save Jerseyans. Anyone who says otherwise is spinning themselves into a corner.
2012 is a referendum on the prez and it sure ain’t looking too good. President Obama’s seeming inability or, if you want to be cynical, his irresponsible unwillingness to present a coherent plan had the effect of significantly weakening his administration in the eyes of detractors and supports alike. Look no further than Capitol Hill where a senator from his own party is calling for a primary challenge. Smacks of Carter v. Kennedy, doesn’t it?
Governor Christie breaks it down with a little perspective to boot: