The John Kerry Moment?

Failure, it turns out, is an option. In fact, it sounds more and more like an imperative. “I’m worried you’re going to fail,” Erskine Bowles, the Democratic chairman of President Obama’s debt- and deficit-reduction commission, told the super committee on Tuesday. Hours earlier, Rep. Mick Mulvaney, R-S.C., told a National Journal panel on the 2012 election that he fully expected the super committee to fail and expected all of the underlying political and policy issues to be settled, at least in part, by the 2012 election.

Posted: Thu, 11/03/2011 - 12:31pm