Decision Time?

So, what’s it finally going to be on the debt reduction talks?

Before bringing talks to a close Thursday, Obama gave Republicans three options: The far-reaching $4 trillion deal that includes taxes and cuts to entitlement programs; a $2 trillion package that would require each side to give only a little; and a much smaller package that would include no tax increases and no cuts to entitlement programs — and do much less to solve the nation’s financial problems.

Like others – who have said it this morning far better than I ever will – I do not understand the White House strategy on this one.

I do know, however, that it has caused a lot of anxiety to an already-too-depressed American public this summer.