There was a fair amount of debate going into the Labor Day weekend about whether the Fed would move at all today, but then the jobs report came out showing a significant deterioration through the summer.

FORBES: Christmas In September

The reality, underlined in this report, is that George Osborne has faced a big deterioration in the underlying state of the public finances since 2010, which he has decided to do almost nothing about this side of a general election.

BBC: Fiscal choices from IFS

For as even the Baker-Hamilton report said, a premature departure would almost certainly produce greater sectarian violence and further deterioration.

ECONOMIST: George Bush and Iraq