Was shutdown fight worth it? Obama might think so

US Senator Marco Rubio departs after a Republican Senate caucus meeting at the US Capitol on 16 October 2013 Republicans in retreat?

It is almost over.

The mood in Congress is still nervous and anxious, but there is a general assumption that before the day is out they will vote to lift the debt ceiling and reopen the government.

I'm still waiting to hear more from Republicans in the House.

The assumption is that they will swallow their pride and abandon their stand without anything much in return, and move on to the next battle.

This may be mistaken. They may still be getting messages to stand firm.

But it is worth noting leading conservative blogs are not urging a last stand in the Senate or the House.

One Tea Party-backed Republican, Michele Bachmann, has told the BBC that she won't be voting for the deal, but it will pass. She says the fight was worth it.

President Barack Obama will never say the same, but he may think it.

All along he has said he would refuse to pay a ransom and it looks, at the time of writing, that his refusal to bargain has paid off.

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  • rate this

    Comment number 26.

    @14. robert thomas

    We all knew this would come to a conclusion at the last minute. So the media hysteria was all for naught, except maybe selling more paper
    Why is it the "It will be alright in the end" crowd are so stupid ?
    We don't live in the Movie "It's a wonderful life"
    This didn't just happen, People made it happen, and some People were actually advocating going flat out over the cliff

  • rate this

    Comment number 25.

    Grandstanding means behaving in front of the Grand Stand (the rich guys) in a way you know the crowd wouldn`t swallow elsewhere. D.C. blogs accept all too easily that Boehner could prefer to burn the world rather than his own career, Cruz crucify international exchange for his own fund-raising ability. All of us are fed up with your self-centred arrogance. Yanks, straighten up! Throw the bums out!

  • rate this

    Comment number 24.

    Bengalman @ your synopsis is woefully inaccurate.

    The Republicans have lost elections & lost huge recently & the signs are, that is a trend that is set to continue.

    Obama on the other hand has recently won a second landslide & with it mandate from the people.

    It doesn't matter what the Republicans say. They're fast becoming an irrelevance & the Americans would have blamed them - not Obama.

  • rate this

    Comment number 23.

    The Republicans were holding the world to ransom in order to prevent the poor from getting healthcare.

    Says a lot about Republicans and Conservatives.

    They are selfish, uncaring and greedy.

  • rate this

    Comment number 22.

    The cost of standing on principle has been enormous on a swath of Americans that re-elected Obama to do just this - they are taking the hit for a House that is completely whako, which does not bode well for the rest of Obama's term. We can only trust that the US voter 'scores' the GOP/tea party next November and returns sanity to the House!

  • rate this

    Comment number 21.

    The long term effects of this is very simply that the USA will not be able to back up it's currency and so an alternative will be sought as a Global reserve.
    Not today, it will take time and there are no obvious alternatives to chose from, but the loser is the USA.
    The TeaParty made up of back water hicks seems to really believe the USA is an island and the rest of globe doesn't count too much

  • rate this

    Comment number 20.

    @GlobalSpectator "if this went on in any other civilised country..."

    It's going on right now in the UK. An extreme right wing group is holding the government of the day and the country to ransom. They are called UKIP. Unfortunately, our leader seems to be missing the backbone of Mr Obama.

  • rate this

    Comment number 19.

    At last some sense!

    The Dow is rising but on minimal buying. The market will be jittery for some time and I expect many will now seek to off-load their US$s - just in case Jan/Feb turns out to be an (in)action replay.

  • rate this

    Comment number 18.

    To nearly quote Patrick Henry,
    Give me liberty or give me debt,how long before the former is chained by the latter.Coming from the UK,hell I should know.

  • rate this

    Comment number 17.

    All these comments about it all being grandstanding and a hoax miss the key fact: The credit rating agencies are not amused.

    The US credit rating may well drop regardless of any deal at this point, the US has proven itself to be less than credit worthy if it came this close. That will have a large, dollars and cents impact on the cost of servicing the debt.

  • Comment number 16.

    This comment was removed because the moderators found it broke the house rules. Explain.

  • rate this

    Comment number 15.

    I watched an interview with right wing Republican Sen. Ted Cruz and he strikes me as someone who is more scary than the Taliban (and certainly more dangerous)

  • rate this

    Comment number 14.

    We all knew this would come to a conclusion at the last minute. So the media hysteria was all for naught, except maybe selling more papers. In the end, the Tea Party committed suicide for the Republicans by their antics. Unfortunately, Congressional House members come mostly from rural conservative districts that are likely to vote them back in. Duuuh!

  • rate this

    Comment number 13.

    It may be worth it if it puts people off doing something so monumentally stupid in the future. This is no way to run a country.

  • rate this

    Comment number 12.

    All this deal does is open the government for 3 months and delay default by 4 months. The Republicans will be back with the same tactics after the new year. The Democrats will respond as they did this time. Meanwhile the American economy will suffer a death by a thousand cuts while the world ponders the goals of self-mutilation.

  • rate this

    Comment number 11.

    Those politicians who are willing to fund foreign wars and not affordable health care for own people are criminals and should be sent to jail, not to congress.

  • rate this

    Comment number 10.

    Mark, what did Obama win? This agreement only funds government till Jan 15 and the debt ceiling until Feb 7. They kicked the can down the road 3 months. This fight will start up again. Meanwhile Obozo will make no "progress" on amnesty for illegals and gun laws. Obozo is finished Jan 2017 and the GOP is running the clock out on him.

  • rate this

    Comment number 9.

    Good. Right wing nutters dictating policy is never a good thing.

  • rate this

    Comment number 8.

    The most important country in the world (like it or not) cannot be held to ransom by senile,materialistic relics who lost TWO elections and are loathed everywhere except the South.Whatever you think of Obama he is in office-if this went on in any other civilised country the GOP would be mauled at the polls.

    I am a Brit, but the greenback makes the world go round. Can somebody please GET A GRIP!!!

  • rate this

    Comment number 7.

    Of course it was worth standing firm. That's what we did when our children were 2 year olds. And apparently that's the level of maturity of some U.S. House members.


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