Today in Bloomberg Opinion: The Debt Ceiling Crisis Can Be Averted Only by Muddling Through

As the federal government draws closer every day to an unprecedented crisis over the debt ceiling, it's become apparent that averting default will require Joe Biden and Kevin McCarthy to choose a messy solution over the allure of a symbolic partisan victory, as I argue today in my latest piece for Bloomberg Opinion. (The article is also available via the Washington Post.)

Today in Bloomberg Opinion: The Parties Are Still Polarized on Economics Even Though the Class Divide Is Fading

 It used to be easy to explain the relationship between the voting constituency of each party and the positions its politicians took in policy debates: Democrats are the party of the poor and favor big, redistributive government, while Republicans are the party of the rich and favor small, business-friendly government. But even though economic class is no longer a reliable guide to how Americans vote, party leaders remain committed to very different policy goals and visions—foreshadowing a bitter debate over the federal budget this year, as I explain today in Bloomberg Opinion. (The piece is also available via the Washington Post.)