PRESIDENT OBAMA should announce that he will raise the debt ceiling unilaterally if he cannot reach a deal with Congress. Constitutionally, he would be on solid ground. Politically, he can’t lose. The public wants a deal. The threat to act unilaterally will only strengthen his bargaining power if Republicans don’t want to be frozen out; if they defy him, the public will throw their support to the president. Either way, Republicans look like the obstructionists and will pay a price.
And then he should tell Congress that he took this power away from them in exactly the same manner as withholding dessert from a spoiled child who was acting up and, if he could, would have sent them to sit in the corner for a time-out.