Even if a deal is struck at the last minute, or if President Obama raises the debt ceiling on his own, this controversy reveals a system in serious need of repair.
The problem is not so much a "gang of six" now making deals, but the gang that took over the House of Representatives and statehouses and governorships across the country last fall.
Is it a train wreck? A gathering tsunami? Just a fake drama?
A two-part response is needed to Eric Cantor and his fellow Republicans.
It is now 99 percent certain that the private economy is NOT going to cause the bad jobs numbers to change direction.
Major sections of capital believe the debt crisis gives them a golden opportunity to completely shift the costs of the "reproduction of labor power" to working people and break their fighting spirit.
Facts: the country is not broke and Social Security is not the cause of the deficit.