Daily Archives: August 8, 2011

At a moment of renewed financial market turmoil, a historic downgrade of US government debt and gathering signs that the recovery has stalled, the capacity of Washington to act with deliberation has seemingly collapsed. This convergence is no accident. Washington’s performance in recent months – reaching its nadir in the phoney resolution of the debt-ceiling fiasco – is one reason why confidence is so depressed. Can this circle of anxiety and incapacity be broken? Yes. Bad as the position may seem, it is not hopeless.

Clive Crook’s blog

This blog is no longer updated but it remains open as an archive.

I have been the FT's Washington columnist since April 2007. I moved from Britain to the US in 2005 to write for the Atlantic Monthly and the National Journal after 20 years working at the Economist, most recently as deputy editor. I write mainly about the intersection of politics and economics.

Clive Crook’s blog: A guide

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