America is rising and declining at the same time. She continues to break new paths, show extraordinary energy and innovativeness. At the same time the government is clearly dysfunctional to the point of global embarrassment. However if you want a system which ensure there is not tyranny of the majority in a democracy, this is it. A minority with very strong beliefs can use the system instead of going onto the streets to press their point in the strongest possible way.
America will be open for business tomorrow. There is also need to worry about default risk until early next year. The can has been kicked down the road once more and this will not be the last time. It is a matter of time we all get used to them until we shouldn't. Let's hope that day never comes, not in this form anyway.
They must do something about their ballooning debt. That's not an option.
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