Joseph J. Thorndike (Tax Analysts) has published Why Liberals Should Learn to Love the Debt Debate, 132 Tax Notes 472 (Aug. 1, 2011):

The debt limit crisis is the best thing to happen to liberalism in 30 years. It’s a manufactured crisis, of course. Republicans have conjured it out of thin air, convinced that it will force a radical reduction in the size of government. But they’re wrong. Far from starving the beast, the debt limit debate is just as likely to feed it. By rescuing taxes from the political wilderness, it has given liberals a chance to rebuild the fiscal foundation of progressive government.

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