Though GOP boosters are likely to zap Zandi, the guy is hardly a radical. He served as economic advisor to John McCain when the Arizona Republican Senator still had some principles.
Zandi believes Republican hawks like Tim Pawlenty, who thinks shutting down the government is a peachy idea, are nuts. Desperate to get any kind of traction for a presidential bid, Pawlenty panders to Tea Partiers, saying a shutdown would be one of those “line-in-the-sand moments” to “get politicians back up against the wall and have them make the tough decisions. They all talk about making the tough decisions and never do.”
Wrote Zandi: “Shutting the government down for any length of time would also be taking a big chance with the recovery, not only because of the disruption to government services, but also due to the potential hit to the fragile collective psyche.”
The U.S. has enough problems. A trip to the national shrink is the last thing we need.