The big problem, as best I can see, is that the President and the Democrats are acting like they didn’t lose the 2010 midterms big time, and the Republicans are acting like they won the Senate and the White House. There are two fundamental truths here, that is the debt ceiling needs to be raised, and to accomplish that, there’s going to need to be compromise. There was no universe where the GOP taking the House in 2010 was going to eliminate the deficit. Those cuts will need to happen over a period of years, and it’ll require a GOP Senate, and a responsible adult in the White House. Note I don’t say Republican in the White House. We tried that formula for six years, and it only resulted in spending that was only mostly out of control, rather than spending that was completely out of control.