Debt emergency over – now for the Republican Party’s existential crisis
From our UK edition
Phew! America has stopped banging its head against the debt ceiling. For now. The world’s pre-eminent power can carry on ruining itself for a while longer — until the next boring-but-incredibly-important fiscal crisis hits. (The dreaded sequester is next up, oh joy). There’ll be plenty more soul-searching essays about the eclipse of American power. But