1. A fine piece by Will Wilkinson at the Economist.
2. I felt very vindicated in my own assessment yesterday when one of my colleagues at dinner last night, who has different politics than I do, was complaining about the lack of serious (or, indeed, any) entitlement reform in the debt ceiling deal.
3. Another fine summary from Kids Prefer Cheese.
4. And via MR, some reality on the defense cuts.
In sum, a great big heap of nothing. Pathetic.