More on the debt ceiling

Two bits this morning:

1. A fine piece by Will Wilkinson at the Economist.

2. I felt very vindicated in my own assessment yesterday when one of my colleagues at dinner last night, who has different politics than I do, was complaining about the lack of serious (or, indeed, any) entitlement reform in the debt ceiling deal.

Addendum:

3. Another fine summary from Kids Prefer Cheese.

4. And via MR, some reality on the defense cuts.

In sum, a great big heap of nothing. Pathetic.