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Policy: Economy

Scoreboard: The anti-establishment vs. The establishment

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Politics,Beltway Confidential,Congress,Timothy P. Carney,Republican Party,Debt Ceiling,Economy,Minusextra,Government Shutdown

The anti-establishment wing of the GOP made a mistake in shutting down the government in a hopeless effort to defund Obamacare. Politicians and journalists are lamenting the costs -- as much as $24 billion in lost economic productivity, according to one measure.

But everything in politics and economics should be measured against its alternative. So, here's my quick scoreboard of what happens when the anti-establishment insurgents call the shots as opposed to what happens when the bipartisan establishment is in charge.  

The anti-establishment

The bipartisan establishment

16-day government shutdown
Iraq war
 
 
Financial crisis in 2008
 
 
National debt
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