He could call the congressional leader back to Washington from their vacation and see if he can cut a deal on jobs.
David Gergen
The Public Record
David Gergen was an American political commentator and advisor who served in the administrations of four U.S. presidents, providing insights and guidance on various political matters. Born on May 9, 1942, in Massachusetts, Gergen held significant roles in both Republican and Democratic administrations, showcasing his ability to navigate the political landscape across party lines. He was also a professor of public service at Harvard University, where he influenced a new generation of leaders. In addition to his academic work, Gergen was a senior political analyst for CNN, contributing to public discourse on current events until his passing on July 10, 2025.
It would be so helpful to the country. I can't tell you how disgusted people are and frustrated they are with the politics dominating everything as opposed to some really constructive national effort.
The president ought to stop his 2012 campaign for a while and get some focus on -- try to get this economy reignited, and then everybody can go back to the politics and the sandbox and everything else.
He could call the congressional leaders back to Washington from their vacations and see if he can cut a deal on jobs -- not only the debt, but on jobs. That's the most urgent issue.
President Obama did his best today to reassure the markets, but it is clear now that words alone are not enough.
It's clear now that we have not just a financial crisis that's building up in this country but a political crisis.
The compromise has to be good enough in effect to get enough of those caucus members and Democrats to pass it in order to get a solution.
And it's clear now that we have not just a financial crisis that's building up in this country but a political crisis.
The critical point is, as Moody's is warning, as Ben Bernanke warned today in Congress, the critical point is this country must not go into default on August 2nd.





