John Boehner, 'ruggedly imbecilic'

RUGGEDLY IMBECILIC: Carpenter's somewhat less than pleased with some of John Boehner's remarks on the debt ceiling. Quote: "The macroeconomic effect of cutting government spending while in an economic rut is as empirically predictable as a balanced budget amendment is idiotic; the additional job losses can be precalculated with frightening accuracy. Which of course is what John Boehner knows -- he's not as stupid as he sounds -- and trusts the electorate will never figure out."

TALK SHOW DEBATE: Paul Krugman talks about the debt ceiling on ABC's This Week.