I think they saw what happened, in 2011, where we went right up to the brink. There were significant givebacks made, and they were painful and disruptive. And I don't think they want to say, 'We're going to reward this behavior' because they think it invites it again, and again.
Axelrod discusses the Biden administration's reluctance to negotiate on the debt ceiling due to past experiences.
Share
More from David Axelrod
The president is among those nine percent. Twelve percent of Americans have a favorable view of Vladimir Putin. Most Americans recognize that Vladimir Putin is a murderous, autocrat, dictator, war criminal who instigated this war.
I think he is one of the things about Joe Biden is he is very, very concerned about his place in history and where his legacy sits and whether people appreciate the things that have been accomplished over the last four years.
Joe Biden did a lot of very positive things. Some things, for example, the largest infrastructure bill since Eisenhower.
Everyone who's watching this should strap on their seatbelts because this is what the next four years are going to be like.
Other voices in this conversation
