Larry Jacobs discusses consequences of prolonged debate on debt deal.
"There's no doubt in my mind there will be lasting political consequences, and I think it's going to be fairly wide-ranging," says Larry Jacobs, director of the Center for the Study of Politics and Governance at the University of Minnesota. "The Republican brand name has taken a hit," Obama has "cascading problems" and the belief among many Americans that the nation is on the wrong track has been reinforced.
USA Today
August 1, 2011