The GOP's shutdown obsession puts the American economy under attack, threatens the stability of the stock and bond markets, hurts global and small business alike, and works to destroy jobs by creating uncertainty among business and financial leaders in America and throughout the world.

Republican leaders in both the House and Senate know better, but they have surrendered to a radical faction of the GOP extreme right. The big losers are American business and American workers; the big winners will be House and Senate Democrats, who stand with most voters.

The worst political mistake the GOP could make is what the GOP is doing today: nationalizing the 2014 elections against them for actions large majorities of voters condemn and deplore.