Rattner: Debt default would be 'disastrous'04:27
In Part II of this week’s Office Politics, MSNBC’s Alex Witt continues her talk with Morning Joe economic analyst Steve Rattner. He says that the ripple effects of defaulting on our loans would be disastrous. He says the shutdown was not made to be solved through an easy compromise. He also talks about how his father became an off-Broadway playwright in order to support his family and his friendships with past presidents.