Obama has won.
That was the headline over Anatole Kaletsky’s column in yesterday’s Times, in which he argued that the President’s perceived (& widely criticised) weakness in the epic battle with Congress over borrowing limits has achieved the strategic objective of dragging the debate on to territory which will be much more favourable to him in next year’s Presidential election.
I don’t pretend to know enough about American politics to form my own judgement on this, but I shall file it away in eager anticipation of finding out if he is right
Assuming of course that Obama stands for re-election.
